In a real estate transaction, the broker who finds the buyer but doesn’t represent either party is known as what?

• A. Cooperating broker
• B. Nonagent
• C. Listing broker
• D. Buyer broker

Answer: (A)

The main idea here is that real estate transactions involve collaboration between brokerages. When a property is listed, another broker can bring in a buyer and work with the listing broker to complete the sale. That broker is called a cooperating broker. They don’t own the listing, and they partner with the listing broker to move the deal forward, often sharing in the commission through the agreed-upon terms between brokerages.

This fits because the broker in question is the one who brings the buyer to the table and cooperates with the listing broker to effect the transaction. The other roles don’t capture that dynamic as accurately: the listing broker represents the seller; the buyer broker represents the buyer; a nonagent would not be acting as a cooperating broker in the sense of bringing in a buyer and coordinating with the listing broker.