Which agency relationship is characterized by working exclusively for the seller?

In real estate, the agency relationship characterized by working exclusively for the seller is known as seller's agency. This type of relationship establishes that the agent represents the seller's interests above all else, providing fiduciary duties such as loyalty, confidentiality, and full disclosure to the seller. The seller's agent is tasked with advocating for the seller’s goals in the transaction, whether that involves getting the best price, negotiating terms, or marketing the property effectively.

Other agency types differ in their approach. For example, buyer's agency focuses on representing the interests of the buyer instead of the seller, while dual agency involves the agent representing both the buyer and the seller simultaneously, which can create potential conflicts of interest. Transaction brokerage, on the other hand, acts as a neutral facilitator between both parties without advocating for either side. Therefore, in the context of representing solely the seller's interests, seller's agency is the correct designation.