What describes the relationship between a real estate agent and the seller in home brokerage?

The relationship between a real estate agent and the seller in home brokerage is accurately described as seller agency. In this type of agency, the real estate agent acts on behalf of the seller, representing their interests throughout the process of selling a property. The agent's primary duty is to advocate for the seller, ensuring that their needs are met, and that they receive the best possible outcome from the transaction.

In seller agency, the agent has a fiduciary responsibility to the seller, which includes loyalty, confidentiality, and full disclosure. This relationship transforms the agent into the seller's advocate, helping with marketing the property, negotiating offers, and navigating the complexities of the sale process. The agent provides expertise to ensure compliance with legal obligations and helps in setting a competitive listing price, effectively positioning the seller's property in the market.

Other types of agency relationships, like buyer agency or dual agency, describe different dynamics between agents and clients. Buyer agency focuses on the relationship where the agent represents the interests of the buyer, while dual agency involves the agent acting on behalf of both the buyer and seller simultaneously, which can lead to potential conflicts of interest. Independent practice denotes a scenario where real estate agents operate autonomously without agency representation involved, which does not apply to the seller-agent