transaction broker


Also found in: Acronyms.

transaction broker

A real estate broker or agent who acts as an intermediary for the exchange of information and negotiations regarding the sale or lease of real estate and who may offer marketing and advertising services, but who does not represent either party in the relationship. Transaction brokerage is allowed only when state legislatures specifically provide for its use.

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Nortel's CaaS Transaction Broker allows communication services including conferencing, click-to-call, instant message (IM), video and media services to be integrated into Software as a Service offerings, gaming environments, social networking sites, web mail and wireless TV.
Life insurance agents, who also act as life settlement producer brokers, typically work with and through other qualified life settlement transaction brokers, in procuring offers to purchase a life insurance policy from life settlement providers and negotiating a purchase price for the sale of a life insurance policy in a life settlement transaction.
The amendment complicates matters by providing a new definition of "transaction broker" as "one who provides limited representation "[21] and further providing that "[t]ransaction brokers provide a limited form of nonfiduciary representation to a buyer, a seller, or both in a real estate transaction."[22] But what is meant by the term "representation" and what are its implications?
"The biggest difference between a transaction broker and single agent is duty," explains Bouverat.
The proposed act grafts on to the traditional definition of transaction brokerage a provision that makes the transaction broker a "limited representative" for a buyer or a seller, or both.
"Transaction broker" means a broker who facilitates a brokerage transaction between a buyer and a seller.
* Homebridge Financial Services, Inc., a home mortgage lender, which signed on for 1,775 s/f in a transaction brokered by Roger Wooster of Cushman & Wakefield of Long Island and the landlord's Craig Weiss.
Paddy Power is taking premises at 546 Bearwood Road, near to rivals William Hill and Coral, in a transaction brokered by Black Country property agents Bond Wolfe.
In 1996, Equality Now called for the prosecution of Big Apple Oriental Tours (BAOT), which was advertising a 12-day trip to the Philippines for sex tourists which included being able to "select a companion" for a commercial sex transaction brokered by BAOT.
Gotradeseafood.com charges a flat fee of $89.95 per posting rather than a commission and does not charge any percentage fees or additional transaction brokers fees.
A multifamily owner and investor focused on renovating and developing market-rate properties in urban centers throughout the greater New York City area, Treetop acquired the property in an off-market transaction brokered by Steven Vegh of Westwood Realty Associates.
Princeton closed on the 72 unit multifamily apartment community on April 15, 2015 in a transaction brokered by Andy Daitch and Paul Davis from the Detroit, Michigan office of Marcus & Millichap on behalf of the sellers.
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