Facilitator
Definition and meaning of Facilitator in real estate.
A facilitator is a real estate licensee who assists a buyer, seller, or both in a transaction without representing either party as an agent. Rather than advocating for one side, this neutral professional performs administrative duties to help complete the sale.
In more detail
Facilitators do not owe fiduciary duties, such as loyalty or confidentiality, to either the buyer or the seller. Instead, their role is to draft transaction documents, coordinate inspections, and ensure that communication flows smoothly between the parties. This business relationship is common in states that allow transaction brokerage or non-agent representation.
Buyers and sellers who choose to work with a facilitator typically feel comfortable negotiating on their own behalf but want professional help with the paperwork. It is important to check state regulations, as the specific rules and terminology for facilitators vary by state.
Key facts
| Category | Buying & Selling |
|---|---|
| Fiduciary duty | None |
| Also known as | Transaction broker or non-agent |
| Best for | Buyers and sellers who want to negotiate directly |
A home seller and a buyer agree on a sale price and hire a real estate facilitator to write up the contract and coordinate the closing process.
Frequently asked questions
Does a facilitator represent the buyer or the seller?
A facilitator does not represent either party and remains neutral, helping both sides navigate the transaction process rather than advocating for one.
What duties does a facilitator perform?
A facilitator typically assists with paperwork, schedules inspections, coordinates with the title company, and keeps the transaction moving toward closing.