Whose signed consent is required for transition to transaction broker?

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Multiple Choice

Whose signed consent is required for transition to transaction broker?

Explanation:
Switching to a transaction broker requires the client's signed consent. The client, also called the principal, is the person you represent in the transaction. The customer is not in a brokerage relationship, so their consent isn’t applicable. The consent must come from the client themselves, not the broker or listing agent, and it confirms the shift to a transaction brokerage arrangement with its limited duties and disclosures.

Switching to a transaction broker requires the client's signed consent. The client, also called the principal, is the person you represent in the transaction. The customer is not in a brokerage relationship, so their consent isn’t applicable. The consent must come from the client themselves, not the broker or listing agent, and it confirms the shift to a transaction brokerage arrangement with its limited duties and disclosures.

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