What is the primary role of a broker in a real estate transaction in Pennsylvania?

The primary role of a broker in a real estate transaction in Pennsylvania involves overseeing the actions of salespersons and facilitating transactions. Brokers serve as licensed professionals who are responsible for ensuring compliance with state laws and regulations governing real estate transactions. They manage the activities of agents working under them, ensuring that all parties adhere to legal and ethical standards.

Brokers also play a crucial role in negotiating terms, hosting open houses, and managing marketing efforts, in addition to guiding buyers and sellers through the complex process of buying or selling property. This oversight is essential to maintain the integrity of the transaction and protect the interests of clients.

While some might assume that brokers primarily assist buyers or handle appraisals, their scope of responsibilities is much broader and includes management and oversight, making option B the most accurate description of their role. Additionally, providing legal advice is typically the domain of attorneys, not brokers, further emphasizing the distinct functions within the real estate profession.