Is it true that a real estate brokerage firm that practices buyer agency only has a lot of intermediary transactions?

Prepare for the Champions Law of Agency Test. Use flashcards and multiple choice questions with hints and explanations to boost readiness. Get exam-ready!

A real estate brokerage firm that practices buyer agency focuses exclusively on representing the interests of buyers in real estate transactions. This means that their primary role is to advocate for buyers when they are purchasing properties, and therefore they typically do not engage in intermediary transactions, which involve representing both the buyer and the seller in the same deal.

In intermediary transactions, the broker acts as a neutral party to facilitate the transaction, potentially leading to conflicts of interest as they must balance the differing needs and goals of both clients. Since a firm practicing buyer agency only represents buyers, they avoid intermediary transactions altogether, which is a key aspect of this type of agency relationship.

By prioritizing buyer advocacy, such firms can provide dedicated support and tailored services to their clients, ensuring that buyers receive the representation they need while navigating the complexities of the real estate market.

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