Which of the following is a key role of a broker in a real estate transaction?

The key role of a broker in a real estate transaction is facilitating negotiations and completing transactions. Brokers act as intermediaries between buyers and sellers, helping to communicate offers, counteroffers, and other essential details of the transaction. They leverage their expertise and knowledge of the local market to negotiate the best terms for their clients, ultimately guiding them through the entire process of arriving at an agreement.

Facilitating negotiations involves not just making offers but also understanding the needs and motivations of both parties to reach a mutually beneficial outcome. Completing transactions includes ensuring that all necessary paperwork is completed correctly, deadlines are met, and all legal requirements are followed, which is crucial for a successful closing.

While the other options present important aspects within real estate, they do not encapsulate the primary function of a broker. Providing legal advice falls outside the professional scope of brokers unless they are also licensed attorneys. Arranging financing is typically handled by mortgage brokers or financial institutions rather than real estate brokers. Making property assessments is usually performed by appraisers who specialize in evaluating property value based on various market factors. Therefore, the main focus of a broker lies in facilitating negotiations and bringing transactions to completion efficiently.