Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

What action can a broker take when acting as an intermediary with the consent of the parties involved?

1. Negotiate on behalf of one party

2. Appoint another license holder

3. Set the listing price

4. Acting independently

The correct answer is: Appoint another license holder

When a broker acts as an intermediary in a real estate transaction, they must follow specific guidelines to ensure fairness and compliance with Texas real estate laws. One of the key actions a broker can take, once they have the written consent of all parties involved, is to appoint another license holder to facilitate the transaction. This is a crucial aspect of the intermediary role, as it allows the broker to maintain neutrality while still providing assistance to the clients. By appointing another license holder, the broker can effectively manage the process by distributing responsibilities and ensuring that the needs and interests of both parties are adequately represented. This action helps to prevent potential conflicts of interest and promotes a balanced approach to negotiations. The other answers represent actions that may compromise the broker's ability to remain neutral or could exceed the authority granted by the parties involved, thereby violating intermediary principles. For instance, negotiating on behalf of one party or setting the listing price could create an imbalance that is contrary to the broker's role as an intermediary, which requires them to remain impartial. Acting independently would also contradict the very nature of being an intermediary, which requires active consent and participation from all parties.