What is the difference between a buyer's agent and a seller's agent?

A buyer's agent represents and advocates for the interests of the homebuyer throughout the purchasing process. They assist with property searches, offer negotiations, and guide clients through inspections and closing procedures. Their primary goal is to ensure buyers find the ideal property at the best possible price. On the other hand, a seller's agent works on behalf of the homeowner to market and sell their property. They develop effective listing strategies, determine appropriate pricing, coordinate showings, and negotiate offers. The seller's agent aims to secure the highest possible price and terms for the seller, while also handling the administrative aspects involved in the sale. In summary, the core distinction lies in the respective representation the agents provide: buyer's agents act in the best interest of the buyer, while seller's agents represent the seller's interests. Both play essential roles in facilitating successful real estate transactions.