What is a primary role of an agent within a real estate transaction?

The primary role of an agent within a real estate transaction is to represent the interests of the principal. In the context of agency law, the principal is the person or entity that authorizes the agent to act on their behalf. This means that the agent has a fiduciary duty to act in the best interests of the principal, whether they are a buyer or seller. This duty encompasses a variety of responsibilities, including loyalty, confidentiality, and full disclosure, ensuring that the principal's needs and objectives are prioritized throughout the transaction.

By focusing on the interests of the principal, the agent provides a level of expertise and support that helps facilitate the transaction effectively. This role is crucial because it builds trust and ensures that the principal receives guidance tailored to their specific situation, which could involve negotiating terms, advising on market conditions, and navigating legal processes.

In contrast, the other options reflect roles or responsibilities that are either not aligned with the fundamental purpose of an agent or misrepresent the agent's obligations. For example, acting solely in the interest of the seller can overlook the responsibilities towards the buyer if the agent is representing both parties. Negotiating on behalf of all parties can create conflicts of interest unless the agent acts as a facilitator or transaction broker, which isn't typical of a