Washington State Real Estate Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Intermediation in real estate transactions refers specifically to the act of negotiating between two parties involved in a transaction. This involves a broker or agent who facilitates communication and bargaining, ensuring that both sides reach a mutual agreement. It is a critical function in real estate as brokers help navigate the complexities of negotiations regarding price, terms, and conditions of a sale or lease.

In the context of various real estate activities:

- The closing process involves finalizing a sale and transferring property ownership, which occurs after intermediation has already taken place.

- The preparation of the property for sale focuses on enhancing the property’s appeal to potential buyers and does not directly involve negotiation between parties.

- The final agreement on price, while a significant outcome of the negotiation process, is not itself intermediation. It represents the end result of the negotiation rather than the act of negotiating itself.

Thus, option C accurately captures the essence of intermediation, emphasizing the role of negotiation in facilitating real estate transactions.