What is the primary difference between a buyer’s agent and a seller’s agent?

Study for the Kentucky Reciprocal Salesperson Test. Explore interactive flashcards and questions with detailed explanations. Ace your exam with confidence!

The primary distinction lies in the roles and responsibilities each agent assumes in a real estate transaction. A buyer's agent is dedicated to representing the interests of the buyer. This means the agent's duties revolve around helping the buyer find a suitable property, advising them on market conditions, negotiating offers, and ensuring that the buyer's needs and preferences are prioritized throughout the purchasing process.

Conversely, a seller's agent (also known as a listing agent) focuses on representing the seller's interests. Their role involves marketing the property, setting an appropriate listing price, conducting open houses, and negotiating with potential buyers, all while aiming to achieve the best possible outcome for the seller.

Understanding this dynamic relationship is critical for both buyers and sellers as they navigate the complexities of real estate transactions. Each agent has specific roles that help ensure their clients receive the best representation tailored to their needs.

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