What differentiates a “buyer’s agent” from a “seller’s agent”?

Prepare for the Delaware Real Estate Test with flashcards and multiple choice questions. Each question provides hints and explanations. Get ready for your exam!

A buyer's agent represents the interests of the buyer in a real estate transaction, which is a fundamental aspect of the agency relationship in real estate. This role involves advocating for the buyer's needs and desires, helping them find properties that fit their criteria, negotiating offers, and ensuring that the buyer's rights and interests are protected throughout the buying process. The buyer's agent has a fiduciary duty to act in the best interests of the buyer, providing them with loyalty, full disclosure, and advice.

This role is crucial because it establishes a clear line of loyalty and responsibility towards the buyer, differentiating the buyer's agent from a seller's agent, who primarily represents the seller's interests. By focusing on the buyer's needs, the agent can guide them effectively in what can be a complex transaction.

The other options do not accurately describe the distinctions between these two roles. A buyer's agent does not assist sellers, nor does a seller's agent assist buyers, and all agents have fiduciary duties to their respective clients. Thus, the correct understanding of a buyer's agent's role hinges on their responsibility to represent and protect the interests of the buyer throughout the real estate transaction.

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