Which is not a responsibility of a transaction broker?

A transaction broker's primary role is to facilitate transactions between buyers and sellers while maintaining neutrality. This means that they help to ensure the process runs smoothly without advocating for one party over the other. Responsibilities of a transaction broker include delivering factual information to both parties, acting impartially to promote the transaction, and facilitating the various aspects of the transaction to ensure all contracts and conditions are met.

However, the provision of analyzed market data is typically outside the scope of a transaction broker’s duties. While they may share factual information about the market, the analysis and interpretation of that data are usually the responsibility of a more traditional broker or real estate professional who is advocating for one party. Providing analyzed market data involves evaluating trends, pricing strategies, and implications, which requires a deeper level of agency representation than what a transaction broker offers.