Can a real estate agent serve as a transaction broker in Connecticut?

In Connecticut, a real estate agent can indeed serve as a transaction broker, but there are specific requirements that must be met, particularly regarding disclosure of this role. When acting as a transaction broker, the agent is not representing either party in the way a traditional agent would. Instead, the transaction broker facilitates a real estate transaction while maintaining neutrality.

Providing disclosure to all parties involved is essential because it ensures transparency in the agent's role, clarifying that they are not advocating for one side over the other. This requirement helps prevent misunderstandings and establishes trust between the agent and the clients, aligning with the ethical standards and legal regulations governing real estate practices in the state.

The other options do not accurately reflect the regulations of Connecticut. The prohibition against serving as a transaction broker or the necessity of acting solely as a designated agent does not capture the nuance of the law, which permits transaction brokerage under specific conditions.