Who is referred to as the Selling Broker?

The Selling Broker is the term used to describe the cooperating agent in a transaction, which reflects the role of this broker in facilitating the sale of a property. The Selling Broker does not hold the listing for the property but instead works with the buyer to negotiate the terms and conditions of the deal. This can include conducting showings, making offers, and guiding the buyer through the process of purchasing the home.

In real estate transactions, the structure often involves two types of agents: the listing agent, who represents the seller and manages the listing of the property, and the Selling Broker (or cooperating agent), who represents the buyer and assists them in finding and purchasing a property. This distinction is crucial for understanding the dynamics of real estate transactions and how brokers work together to achieve a successful sale.

Understanding this role is especially important for real estate professionals as it lays the groundwork for networking and collaboration among agents, ensuring that the interests of both buyers and sellers are met during the property transaction process. Other roles, like conducting listings or handling property marketing, are associated with different functions within the transaction but do not specifically pertain to the responsibilities of the Selling Broker.