What is a “buyer’s agent”?

A buyer’s agent is a real estate professional whose primary responsibility is to represent the interests of the buyer in a real estate transaction. This role involves helping the buyer navigate the housing market, identifying suitable properties, negotiating offers, and providing guidance throughout the purchasing process. The buyer’s agent advocates solely for the buyer's needs, ensuring that their interests are prioritized, which can include securing the best possible terms and price.

In contrast, the other options specify roles that do not relate to representing buyers. An agent representing the seller focuses on promoting and selling the seller's property rather than assisting the buyer. An agent managing rental properties is involved in overseeing and maintaining properties but does not specifically engage in buyer representation during transactions. Lastly, an agent focused solely on commercial real estate deals with non-residential properties and may not serve buyers in the residential real estate market. Thus, the definition of a buyer's agent aligns specifically with the responsibilities outlined in the correct choice.