What type of agent exclusively represents a buyer in a real estate transaction?

A buyer’s agent is a real estate professional who exclusively represents a buyer in a property transaction. This type of agent is dedicated to looking out for the interests of the buyer, guiding them through the process of purchasing a property. They provide essential services such as identifying suitable properties, negotiating purchase terms, and ensuring that the buyer receives the best possible deal.

By focusing solely on the buyer’s needs, the buyer's agent can deliver personalized advice and advocacy, which helps streamline the purchasing process and enhances the buyer's experience. This representation creates a fiduciary duty, meaning the agent must prioritize the buyer's interests above all else.

Other options represent different roles in real estate transactions. A listing agent represents the seller and is responsible for marketing the property and securing potential buyers. A dual agent represents both the buyer and the seller, which can lead to conflicts of interest since the agent must balance the needs of both parties. A transaction agent facilitates the transaction without being an advocate for either party, focusing solely on the administrative aspects. In contrast, the buyer's agent's commitment to the buyer's needs makes this position vital for anyone looking to purchase real estate.