What is the primary responsibility of a buyer's agent?

Study for the New York Real Estate Institute (NYREI) Exam. Get ahead with flashcards and multiple choice questions, each accompanied by hints and explanations. Equip yourself with the knowledge to pass your exam confidently!

The primary responsibility of a buyer's agent is to represent the buyer's interests throughout the transaction. This includes guiding the buyer in various aspects of the home-buying process, such as finding suitable properties, negotiating offers, and ensuring that the buyer's needs and preferences are prioritized. The buyer's agent is obligated to act in the best interests of the buyer, providing them with the necessary information, support, and advice needed to make informed decisions.

In the real estate transaction, the buyer's agent serves as an advocate for the buyer, helping them navigate the complexities of the market and protecting their interests against competing parties. This role is crucial, especially in competitive markets, where expert guidance can make a significant difference in securing a favorable deal.

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