Which statement best describes a selling broker?

A selling broker is best described as a broker involved in listing and selling properties. This role entails a comprehensive understanding of the market, as the selling broker not only lists properties for sale but also represents sellers in negotiations and transactions. This means they handle various aspects of the sale process, including marketing the property, setting competitive prices, coordinating showings, and negotiating deals with buyers.

The selling broker typically works on behalf of the seller, but they can also assist buyers, depending on the transaction structure, such as dual agency situations. This level of involvement in both listing and selling makes them integral to successfully transferring property ownership. Understanding this role is crucial for those in real estate as it emphasizes the broker's responsibilities and skill set necessary for navigating the complexities of real estate transactions.