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Real Estate Brokerage and Agency Relationships

Terms that explain broker roles, agent relationships, fiduciary duties, and listing-side versus buyer-side representation.

Brokerage and agency pages explain who represents whom in a real-estate deal, what duties may attach to that relationship, and where brokerage language changes a buyer’s or seller’s expectations. This section is where readers should learn the difference between being assisted in a transaction and being represented in one.

These terms matter because agency status affects disclosures, loyalty duties, communication expectations, compensation structure, and who is actually authorized to act for a party. Readers often hear words such as broker, agent, listing side, buyer side, and dual agency before they understand the legal or practical difference between them.

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Core Concepts In This Section

  • real estate broker
  • real estate agent
  • listing agent
  • buyer’s agent
  • dual agency
  • fiduciary duty
  • multiple listing service
  • comparative market analysis