Difference between Seller and Buyer Real Estate Agents

Tasks Performed by the Seller’s Agent

Real Estate Sign SOLD smSeller’s Agent is also called the listing agent…. A listing is the written agreement between seller and a real estate agent/broker who will represent the seller in the sale of the property.   A brief summary of the tasks performed by the listing agent:

  • Consultation with seller to determine their real estate needs
  • Preview and evaluate the property
  • Research and complete a comparative market analysis that provides information to the seller
  • Determine with the seller the value of the home and what price strategy to implement
  • Execute a written listing contract to represent seller and have seller complete disclosures
  • Market the home through various methods and tools
  • Negotiate a purchase agreement to obtain the best price and terms for the seller
  • Oversee all the details during the escrow/pending period with all parties involved
  • Execute all tasks for a smooth closing for the seller

Tasks Performed by the Buyer’s Agent

Handing over keys XSmallBuyer’s Agent is also called the selling agent….  the agent who represents the buyer in the purchase of a property.  A brief summary of the tasks performed by the buyer’s agent:

  • Consultation with the buyer to determine what the criteria is a home and neighborhood
  • Preview and evaluate the properties to meet buyer’s criteria and show desired properties
  • Execute a written buyer-broker agreement for agent to represent buyer
  • Research and obtain information regarding specific property buyer wishes to purchase
  • Complete a comparative market analysis that provides information for the buyer
  • Determine with the buyer the value of the home and what offer to make
  • Review and write the purchase agreement for buyer
  • Negotiate the purchase agreement/counter offers to obtain the best price and terms for buyer
  • Oversee all the details during the escrow/pending period with all parties involved
  • Execute all tasks for a smooth closing for the buyer

As I mentioned, this is only a brief summary of  all the tasks that the seller or buyer agent performs during the sale of a property.  If you’d like further details or information, I’d love to chat with you any time.  Questions are always welcome and many times lead to a new blog post to address the issue.

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