What is the purpose of a buyer's agent in a real estate transaction?

The purpose of a buyer's agent in a real estate transaction is to protect the buyer's interests. A buyer's agent has a fiduciary duty to their client, which means their primary responsibility is to advocate for the buyer’s needs and objectives throughout the buying process. This includes negotiating terms, advising on property values, and recommending strategies that align with the buyer's goals.

By focusing on the buyer's best interests, the agent helps ensure that the buyer makes informed decisions, receives a fair deal, and is aware of any potential issues with the property or transaction. This support is crucial as buyers often face complex negotiations and varying market conditions.

Other roles in the real estate transaction, such as representing the seller, facilitating sales, or conducting inspections, do not align with the specific duties of a buyer's agent. Instead, these responsibilities might belong to other professionals involved in the transaction or to the seller's agent.