“The big picture of the role of a buyer's agent is representing the buyer's interests, using diligence in searching for properties for the buyer, using their professional knowledge and skills to assist in negotiations on behalf of the buyer, and providing technical guidance through all aspects of the real estate …The most basic difference between the buyer's and seller's agents is that they represent opposite interests. The buyer's agent is responsible for making sure the buyer gets the best deal possible and the seller's agent does the same for the seller.broker
Answer and Explanation:
The correct answer is (a) broker.
Can the buyer and seller have the same agent : What Is Dual Agency Dual agency occurs when a real estate agent works on behalf of both the home buyer and seller. In most real estate transactions, it is much more common to have separate agents represent each party, as this helps avoid the conflict of interest that can happen when an agent negotiates for both sides.
What is the difference between a seller and a buyer
Buyers demand goods and services and sellers supply goods and services. Markets exist with the interaction of buyers and sellers. This interaction describes market prices and thereby allows goods and services.
Should a buyer and seller have the same agent : What Is Dual Agency Dual agency occurs when a real estate agent works on behalf of both the home buyer and seller. In most real estate transactions, it is much more common to have separate agents represent each party, as this helps avoid the conflict of interest that can happen when an agent negotiates for both sides.
The term “agency” is used in real estate to help determine what legal responsibilities your real estate professional owes to you and other parties in the transaction. The seller's representative (also known as a listing agent or seller's agent) is hired by and represents the seller.
Answer: An entrepreneur can be both a buyer and seller because in order to replenish a product, you will buy stocks and raw materials through some companies and wholesales. through the raw items bought, the seller can sell a product to his/her target market.
Can one agent represent two buyers
In many states, it's legal for an agent to represent two different buyers for the same property. But it is not as simple as it seems. That's why it might be best to avoid such situations when possible. At the heart of these deals is building relationships with clients, and this brings its own complexities.A transaction broker is a neutral party that helps facilitate a real estate transaction between a buyer and a seller. Technically, transaction brokers don't represent either party and must treat both the buyer and seller equally.A listing agent, also commonly referred to as a seller's agent, represents the seller in a real estate transaction — they literally list the house on the market. Their job involves setting a competitive price for the home and then bringing in potential buyers to see it.
There are varying terms for a buying agent which include: property consultant, property acquisition consultant, relocation agent and property finder.
What is the difference between a buyer and a seller : Buyers demand goods and services and sellers supply goods and services. Markets exist with the interaction of buyers and sellers. This interaction describes market prices and thereby allows goods and services.
Can you sell with two agents : Yes, you can have 2 estate agents selling your house. Under a joint sole agency agreement, you appoint two agents, who will agree in advance either to share the commission.
How is a buyer different from a seller
Buyers demand goods and services and sellers supply goods and services. Markets exist with the interaction of buyers and sellers. This interaction describes market prices and thereby allows goods and services.
Confusingly, yes: The agent who represents the buyer in a real estate transaction is typically called the buyer's agent, but is sometimes also referred to as the “selling” agent. This is different from the “seller's” agent, which refers to the agent who represents the seller.The seller's representative (also known as a listing agent or seller's agent) is hired by and represents the seller.
Can a person act as an agent for both the seller and the buyer : Each agent protects their individual client's interests. It's also possible, however, for both the buyer and seller to work with the same real estate agent. This arrangement is called dual agency. Having only one agent or broker involved in a transaction can simplify the process.