What is the objective of a buyer's agent in a real estate transaction?

Prepare for the Colibri Real Estate Exam. Study with flashcards and multiple-choice questions, each with detailed hints and explanations. Get ready for your exam!

The objective of a buyer's agent in a real estate transaction is primarily to locate properties that fulfill the buyer's criteria. This includes understanding the buyer's needs, preferences, and financial situation to identify suitable homes that meet their specifications. A buyer's agent acts on behalf of the buyer, guiding them through the process of purchasing a property, which encompasses searching for listings, arranging viewings, and providing insights about the local market.

By focusing on the buyer's interests, the agent ensures that the buyer is well-informed about their options and helps them make decisions that align with their goals. The role is fundamentally about advocacy for the buyer, rather than facilitating the seller's objectives or conducting tasks that would primarily benefit the seller, such as negotiating home inspections for the seller or conducting market research on their behalf.

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