Which is NOT a duty of a transaction broker?

Prepare for the Bob Hogue Sales Associate Test. Engage with flashcards and multiple choice questions, each offering hints and explanations. Excel in your exam!

A transaction broker serves a neutral role in a real estate transaction, facilitating the process for both parties without representing either side as a fiduciary. This means the transaction broker does not owe either party the high standard of loyalty and care that comes with fiduciary responsibilities, which would involve representing one party's interests over the other. Instead, a transaction broker operates under a limited representation model that focuses on providing necessary services to ensure the transaction proceeds smoothly without promoting the interests of one party above the other.

The other duties, such as handling funds skillfully, presenting all offers in a timely manner, and performing agreed-upon additional duties, are part of the transaction broker's responsibilities. These tasks are essential for ensuring an effective and fair transaction, aligning with the broker's role as a facilitator rather than an advocate.

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