Definition of Buyer agent:
A real estate agent who represents only the buyer of a property in a real estate transaction. This type of agent agrees to exclusively represent the best interest of the buyer, usually under a formal contract. Considerations for an agent working under this type of agreement include; negotiating the best sale price for the property, researching the surrounding neighborhood and schools, ensuring the property is inspected, and performing necessary due diligence.
Meaning of Buyer agent & Buyer agent Definition