What is the main difference between a buyer's agent and a seller's agent?

Study for the CAS 45-Hour Real Estate Principles Course Test. Utilize flashcards and multiple choice questions to prepare thoroughly. Each question is paired with hints and explanations. Get ready to excel in your exam!

The distinction between a buyer's agent and a seller's agent primarily lies in who they represent during a transaction. A buyer's agent is committed to advocating for the buyer's best interests throughout the home-buying process. This includes providing advice, negotiating offers, and ensuring that the buyer's needs and preferences are prioritized. Conversely, a seller's agent has a fiduciary duty to represent the seller, aiming to secure the best price and terms for the sale of the property.

This relationship dynamic is fundamental to real estate transactions. Both types of agents have specific responsibilities tailored to their client's needs, involving tasks that align with their role—be it negotiating sales or marketing the property for sale. Understanding this difference is crucial for anyone involved in real estate, as it dictates how each agent will act and advocate in a transaction.

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