Which type of agent assists both the buyer and seller without representing either side?

The correct answer is the transaction broker. A transaction broker serves to facilitate the transaction between both the buyer and the seller without formally representing either party. This role is crucial in real estate transactions as the transaction broker helps manage the process, including paperwork and negotiations, while remaining neutral. This approach allows the broker to provide assistance and oversight without taking sides, which can be beneficial in fostering a smoother transaction that meets the needs of both parties.

Transaction brokers operate under the principle of providing limited representation, which is different from single agents who represent either the buyer or seller exclusively, and dual agents who represent both parties in a transaction, often leading to potential conflicts of interest. Thus, the transaction broker is distinguished by their neutral role, focusing on facilitating the sale rather than advocating for one party over the other.