If a single-agent residential seller's broker wishes to provide limited representation to a buyer, what must the broker do?

If a single-agent residential seller's broker wishes to provide limited representation to a buyer, what must the broker do?

• A. Have the seller sign the consent to transition to transaction broker notice and give the buyer a transaction broker notice.
• B. Obtain the buyer's representation agreement.
• C. File a formal license complaint with the commission.
• D. Obtain a waiver from the seller's lender.

Answer: (A)

In Florida, when a seller’s broker wants to assist a buyer in a limited representation role, the broker must obtain the seller’s written consent to transition to a transaction broker and must provide the buyer with the transaction broker notice. This ensures everyone understands the broker’s duties and the nature of the relationship: the broker will operate in a transaction broker capacity (neutral, with duties to both parties, rather than as a fiduciary for the buyer or the seller). The seller’s signed consent formalizes the change in relationship, and the buyer’s notice informs them of the broker’s limited role. Without these two disclosures, the transition to transaction broker isn’t legally proper. The other options aren’t required steps for this specific transition.

In Florida, when a seller’s broker wants to assist a buyer in a limited representation role, the broker must obtain the seller’s written consent to transition to a transaction broker and must provide the buyer with the transaction broker notice. This ensures everyone understands the broker’s duties and the nature of the relationship: the broker will operate in a transaction broker capacity (neutral, with duties to both parties, rather than as a fiduciary for the buyer or the seller). The seller’s signed consent formalizes the change in relationship, and the buyer’s notice informs them of the broker’s limited role. Without these two disclosures, the transition to transaction broker isn’t legally proper. The other options aren’t required steps for this specific transition.