What is the role of an Agent in real estate?

The role of an Agent in real estate primarily involves acting on behalf of another party, which is accurately captured in the correct answer. An agent serves as a representative, usually facilitating interactions between buyers and sellers, ensuring that the interests of their client are communicated and upheld during real estate transactions. This fiduciary relationship allows the agent to negotiate, advocate, and manage the complexities of the process, thereby simplifying it for their clients.

While representing buyers during transactions is a significant responsibility of an agent, it is just one facet of the broader role of acting on behalf of another. Agents may represent sellers as well and handle various aspects of a transaction which extends beyond merely working with buyers.

Facilitating property appraisals is often part of the broader real estate process, but it is usually the responsibility of qualified appraisers, not agents. Agents may coordinate these appraisals as part of their duties but do not conduct them personally.

Providing legal advice on property laws is outside the typical scope of an agent's responsibilities. Agents are not licensed to practice law and must refer clients to legal professionals for such matters. They are expected to have a good understanding of relevant laws to assist their clients effectively, but they cannot offer legal counsel.

Understanding the agent's role