What is a "buyer's agent"?

A buyer's agent is a real estate professional who specializes in representing the interests of the buyer in a real estate transaction. Their primary responsibility is to advocate for the buyer throughout the purchasing process, which includes searching for suitable properties, providing market analysis, negotiating the terms of the sale, and guiding the buyer through the necessary paperwork and procedures.

The role of a buyer's agent is crucial because they work to ensure that the buyer's needs and preferences are prioritized, often providing insight into market conditions and property values that the buyer may not be aware of. This representation is important in helping buyers make informed decisions and secure favorable terms.

In contrast, other options describe different roles within the real estate field. An agent managing property sales for sellers focuses on representing the seller's interests, while a broker who specializes in foreclosures and short sales targets specific types of distressed properties. An appraiser's role is to evaluate property values rather than represent anyone in a transaction. Understanding these distinctions clarifies the specific function and value of a buyer's agent in the real estate market.