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The party employing a Transaction broker cannot be held vicariously liable for the actions and omissions of the broker.A Single-party broker is a broker who has entered into a written brokerage agreement with the party to provide real estate services for the benefit of the party. Conduct an inspection, investigation or analysis of a property for the benefit of any party B. Transaction broker means a real estate brokerage firm that provides customer service to a buyer, a seller, or both in a real estate transaction.Ī transaction broker is not authorized to accept delivery of a contract between the parties to a transaction on behalf of the party for whom the broker is performing transaction brokerage services unless the contract between the parties authorizes such and the transaction broker agrees to accept delivery in writing.(c) Transaction broker may make a suggestion regarding value. Transaction broker: a qualifying broker, associate broker or brokerage that provides real estate services without entering into an agency relationship. The Act defines a transaction-broker as a broker who is not an agent for either party but instead a broker who assists one or more of the parties with the. Examples of Transaction broker in a sentence