What is a buyer's agent?

Prepare for the Minnesota Real Estate Test. Utilize flashcards and multiple choice questions with hints and feedback. Ace your exam!

A buyer's agent is a real estate professional who specifically represents the interests of the buyer in a transaction. This role is crucial because it ensures that the buyer has someone advocating for their needs and goals, offering them guidance throughout the purchasing process. The buyer's agent assists in finding properties that meet the buyer's requirements, negotiates offers, and helps navigate any challenges that may arise during the transaction.

In contrast, an agent who lists properties for sale serves as a seller's agent and focuses on promoting and marketing a property, while an agent representing the seller prioritizes the seller's interests in negotiations and communications. Meanwhile, an agent acting as a neutral party is typically involved in transactions where they facilitate communication and negotiations without representing either side, which is not the function of a buyer's agent.

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