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Buyer's Agent

A buyer's agent–also referred to as a selling agent–is a broker or sales agent who has agreed to represent a buyer in the search and purchase of real estate. The buyer's agent has a fiduciary responsibility to the client that overrides their own interests. Buyer's agents are generally compensated by the listing broker via the listing broker's agreement with the seller. The listing broker will typically agree to list a property for a percentage of the sale price and agree to share a portion of the commission with any agent who brings a ready and willing buyer to the transaction.