What is the primary role of an agent in an intermediary transaction?

In an intermediary transaction, the primary role of an agent is to ensure all parties feel equally represented. This means that the agent must maintain neutrality while facilitating communication and negotiations between the parties involved. By creating a balanced environment, the agent helps to foster trust and collaboration, making it possible for both sides to express their needs and concerns.

This role is particularly essential because an intermediary agent takes on the responsibility of guiding the transaction without favoring one party over the other. The agent must use their skills to navigate the complexities of the transaction, balancing the interests of both the buyer and the seller. This ensures that the process is fair and transparent, which is crucial in real estate transactions where both parties often have significant stakes.

In situations where an agent might represent only one party, this would not fulfill the unique function of an intermediary. An agent's failure to provide equal representation could lead to a breakdown of trust and potential conflicts, which undermine the effectiveness of the transaction. Ultimately, the goal is to promote a smooth and successful outcome for all parties involved.