What is the role of the selling agent in a real estate transaction?

The role of the selling agent, often referred to as the buyer's agent in a real estate transaction, primarily involves assisting the buyer throughout the home-buying process. This includes drawing up the offer for the property the buyer has shown interest in. The selling agent advises the buyer on price negotiations, assists in completing necessary paperwork, and helps in presenting the offer to the seller or the seller’s agent. This task is crucial as it formalizes the buyer's intention to purchase and sets the stage for negotiations.

While other duties such as holding an open house or involvement with commissions may fall within the broader scope of real estate practices, they do not specifically define the selling agent's primary responsibility in relation to assisting buyers in making offers. Similarly, owning a real estate company is unrelated to the specific role of the selling agent in a transaction. Thus, the focus on preparing and drawing up the offer accurately reflects the key function of the selling agent.