What role does a buyer's agent play in a real estate transaction?

In a real estate transaction, the buyer's agent primarily serves to represent the interests of the purchaser. This means that their responsibility is to advocate for the buyer throughout the various stages of the transaction, from searching for properties to negotiating offers and closing the deal. The buyer's agent is tasked with ensuring that the buyer gets the best possible terms and price for the property they wish to purchase.

This representation includes advising the buyer on market conditions, helping to identify properties that meet their criteria, and providing guidance on making an offer. The buyer's agent will also conduct due diligence, facilitating inspections and appraisals, and reviewing contracts to ensure that the buyer's rights and interests are adequately protected. In essence, the buyer's agent is a dedicated advocate for the buyer, focused solely on their needs and objectives.

By focusing on the interests of the buyer, this role is clearly distinct from contract roles that might represent lenders, sellers, or act as neutral mediators, making the buyer's agent a pivotal figure in achieving successful real estate transactions for purchasers.