Real Estate Term
Buyer's Agent
A real estate agent who represents the buyer in a property transaction.
What is Buyer's Agent?
A buyer's agent is a licensed real estate professional who represents the buyer's interests in a transaction, from searching for homes to negotiating and closing. They provide market data, arrange showings, advise on what to offer, and manage the paperwork and conditions on the buyer's behalf. In many markets the buyer's agent is paid from the commission the seller offers, so their guidance often comes at no direct cost to the buyer.
Frequently asked questions
Related terms
Listing AgentThe real estate agent who represents the seller in a property transaction.Real Estate AgentA licensed professional who represents buyers or sellers in real estate transactions.Comparative Market Analysis (CMA)An analysis of recently sold properties similar to the subject property, used to determine market value.Conditional OfferAn offer to purchase that includes specific conditions that must be met before the sale is finalized.Home InspectionA thorough examination of a property's condition by a qualified inspector before purchase.
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