What is the role of a real estate agent in a transaction?

Get ready for the Humber College Real Estate Exam. Utilize flashcards and multiple choice questions to enhance your preparation. Each question comes with explanations to ensure understanding and readiness!

The role of a real estate agent is primarily to represent the interests of their client in the process of buying or selling property. This involves several key responsibilities, such as understanding market trends, helping with pricing strategies, marketing properties, negotiating offers, and guiding clients through the complexities of a real estate transaction. Agents work to ensure that their clients' needs and preferences are prioritized, allowing them to navigate the process more effectively and achieve their desired outcomes.

While agents can provide guidance on contracts and other documents, they are not legally qualified to offer legal advice. Additionally, post-sale property management and contract creation typically fall outside the primary duties of a real estate agent, often being handled by property managers or legal professionals. Therefore, the focus of the agent's role is centered around client representation during the buying or selling process.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy