What is the role of a buyer's agent in real estate?

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 buyer's agent is primarily to represent the buyer's interests throughout the real estate transaction. This entails advocating for the buyer during negotiations, ensuring that their needs and preferences are prioritized. A buyer's agent conducts market research to help the buyer find suitable properties, offers insights into the value of homes, assists with pricing strategies, and guides them through the entire purchasing process from making an offer to closing the deal.

While the other roles mentioned in the options may be relevant in the context of real estate transactions, they do not define the primary function of a buyer's agent. Facilitating communication between buyer and seller is often a responsibility shared by both agents involved in the transaction but is not the main focus of the buyer's agent. Managing the sale process on behalf of the seller is the distinct role of a seller's agent, and providing legal advice during the transaction is a task typically reserved for legal professionals specializing in real estate law, not real estate agents.

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