Which of the following is the role of the broker in an intermediation revenue model?
A)sell to the ultimate buyer
B)organize transactions between buyer and seller
C)represent the buyer in legal cases
D)represent the seller in legal cases

Question

Quizplus · Accepted Answer

The role of the broker in an intermediation revenue model is to organize transactions between buyer and seller. They act as a middleman between the two parties, facilitating the transaction and ensuring that both parties are satisfied with the outcome. The broker typically earns a commission or fee for their services. Selling to the ultimate buyer or representing either party in legal cases are not necessarily part of the broker's role in this model.

Which of the Following Is the Role of the Broker