Differences Between Agents for Buyers and Sellers in US 2024
The primary difference between a buyer’s agent and a listing agent is that they represent opposite interests. Both agents want to get the best deal possible for their clients, but the buyer’s agent represents the buyer while the listing agent represents the seller.
Seller’s Agent Responsibilities
- Give the seller an initial home consultation where they do a full walk-through and provide their opinion of the home’s value
- Provide referrals for contractors to perform suggested updates
- Help stage the property
- Develop marketing materials and a professional website showcasing the property
- Host open houses and private showings of the home
- Coordinate communication between the title officer, seller and buyer so that there are no surprises at the closing table
- Make sure the seller has the correct closing documents and understands what they say
Buyer’s Agent Responsibilities
- Help buyers understand the local housing market
- Make appointments to tour homes and, if needed, drive buyers to these appointments
- Help buyers evaluate the price and value of a home before making an offer
- Explain the standard offer form and provide advice on asking for contingencies
- Recommend trusted home inspectors
- Participate in communication with the selling agent and other parties to ensure the home purchase stays on track