What is a defining characteristic of a single agent in real estate?

A defining characteristic of a single agent in real estate is that this individual represents only one party in the transaction. This means that the agent is solely committed to advocating for and protecting the interests of either the buyer or the seller, ensuring that they provide undivided loyalty and guidance tailored to that party’s specific needs.

In this role, the single agent is responsible for negotiating on behalf of their client, providing them with relevant market information, and offering advice that aligns with their client’s best interests. This clear and focused representation helps to avoid any potential conflicts of interest that may arise if the agent were representing both sides in a transaction.

Understanding this role is crucial for real estate professionals, as it underscores the ethical obligation to prioritize the interests of their designated client while maintaining confidentiality and providing comprehensive support throughout the transaction process.