1 · Start with the idea
A home sale is a team process. The buyer and seller make the major decisions, while licensed real-estate professionals and other specialists handle different parts of the transaction. Their jobs are not interchangeable.
Build the language · 6 / 8
How property ownership and home transactions work
1 · Start with the idea
A home sale is a team process. The buyer and seller make the major decisions, while licensed real-estate professionals and other specialists handle different parts of the transaction. Their jobs are not interchangeable.
2 · Picture it
A salesperson may help with a purchase transaction, but in California the salesperson acts for and under a responsible broker. An appraiser, title professional, escrow holder, lender, and lawyer answer different questions.
3 · Now learn the English words
4 · Why this matters
A smart consumer does not expect one person to know or decide everything. Knowing who does what is part of protecting yourself in a transaction.
5 · Check yourself
No. The salesperson acts for and under the responsible broker.
Source
StateCourse California Real Estate Principles · Lesson 01
California-specific material. This rule or professional structure is not presented as a national rule.