Which statement describes the No Brokerage Relationship in Florida?

• A. The broker represents the buyer and seller as dual agents
• B. The licensee represents neither party and treats them as a customer
• C. The broker must obtain consent from both parties for representation
• D. The broker must maintain an escrow account at all times

Answer: (B)

In Florida, a No Brokerage Relationship means the licensee represents neither party and treats both as customers. This setup keeps the licensee neutral, without fiduciary duties like loyalty or confidentiality owed to a client. The licensee still must deal honestly and fairly, disclose known facts that could affect value, and handle any funds properly, but they do not advocate for either side or provide the same level of representation you’d have with a client.

Seeing it this way helps: you’re not picking a side or providing specialized advocacy for one party; you’re facilitating the process in a neutral, information-sharing role. That’s what distinguishes this relationship from others where the licensee represents one or both parties as a client.