In which scenario would a co-brokerage arrangement typically occur?

A co-brokerage arrangement typically occurs when two brokers collaborate on a transaction. This collaboration can allow them to leverage each other's marketing efforts, resources, and local knowledge. Each broker can provide their expertise to ensure all parties involved in the transaction are well-represented, leading to a smoother process for both the buyer and seller.

In essence, co-brokerage allows brokers from different firms or practices to combine their skills and networks to facilitate a deal efficiently. This partnership can be especially beneficial in complex transactions that require broader outreach or specific market insights. Such arrangements capitalize on the strengths of both brokers, allowing them to serve their clients effectively.

The other scenarios mentioned do not involve collaboration between brokers. When a broker represents both the buyer and seller, they are acting in a dual agency capacity, which is different from co-brokerage. Independent action by a broker does not involve collaboration with another broker, and property management typically requires specialized practices separate from traditional brokerage transactions.