In a real estate transaction, what do you call any person who is not your client?

The term for any person who is not your client in a real estate transaction is referred to as a third party. In the context of agency law, a third party is anyone who interacts with the agent or the client but does not have a contractual relationship or agency representation with either party.

This designation is important because third parties can include potential buyers, sellers, or any individuals who may have a legitimate interest in the transaction but are not directly represented by either party involved. Understanding the role of third parties helps clarify the dynamics of the transaction and the responsibilities and rights of the agents and clients. This distinction ensures that agents remain aware of the obligation to act in their clients' best interests while also navigating interactions with third parties appropriately, ensuring transparency and fairness in the transaction process.