Can salespersons act as intermediaries?

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Only a broker can contract with the parties to act as an intermediary between them. In that sense, only a broker can be an intermediary. If, however, the broker intermediary does not appoint associated licensees to work with the parties in a transaction, any salespersons or broker associates of the intermediary who function in that transaction would be required to act just as the intermediary does, not favoring one party over the other.

Source: TAR

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