What role does a real estate agent play in transactions?

A real estate agent primarily acts as a representative for either buyers or sellers in a real estate transaction. This role involves guiding clients through the complexities of buying or selling property, providing expert advice, negotiating deals, and ensuring that all legal and financial aspects of the transaction are properly handled. By representing buyers, the agent seeks to find properties that meet their clients' needs and helps to negotiate the best price. Conversely, when representing sellers, the agent works to market the property effectively and secure the best possible terms for the sale.

The focus of the agent's role is on facilitating the transaction and supporting their clients through the process, which includes understanding market trends, pricing strategies, and legalities involved in real estate transactions. While agents can provide referrals to professionals who conduct appraisals or title searches, these tasks are not their primary responsibilities. Similarly, determining property taxes falls outside of their typical functions; this is generally handled by tax assessors or local government officials. Thus, the defining aspect of a real estate agent's role is their representation of buyers or sellers in transactions.