What distinguishes a "listing agent" from a "buyer's agent"?

The distinction between a listing agent and a buyer's agent is clearly defined in the real estate industry. A listing agent represents the seller of a property. Their primary role is to market the property, help set an appropriate price, and negotiate offers on behalf of the seller. They work to attract potential buyers and facilitate the sale process, ensuring that the seller’s interests are prioritized throughout.

Conversely, a buyer's agent represents the interests of the buyer. Their responsibilities include searching for suitable properties that meet the buyer's criteria, advising on market conditions, and negotiating the purchase terms from the perspective of the buyer. Essentially, the buyer's agent is focused on ensuring that their client gets the best deal possible while providing guidance throughout the buying process.

Understanding the roles of both listing and buyer's agents is crucial for anyone involved in real estate transactions, as it ensures that both parties are adequately represented and supported during the buying and selling process.