In a buyer agency relationship, who does the licensee exclusively represent?

In a buyer agency relationship, the licensee exclusively represents the buyer. This means that the agent has a fiduciary duty to the buyer, focusing on their best interests throughout the real estate transaction. The agent's primary responsibility is to provide the buyer with guidance, perform due diligence, negotiate on their behalf, and protect their interests while navigating the complexities associated with purchasing a property.

This exclusive representation clarifies that the agent is committed to the buyer's needs and objectives, which is critical in ensuring that the buyer receives appropriate advice and assistance during the purchasing process. It also means that the agent will not represent the seller in this arrangement, ensuring there is no conflict of interest, and the buyer can trust that the agent is advocating solely for them.

A situation where the licensee would represent the seller, both parties, or neither would contradict the established understanding of a buyer agency relationship, which is focused specifically on serving the buyer's needs and interests.