What is the meaning of buyer's broker?

buyer's broker is a broker who represents the buyer in a fiduciary capacity. Some buyer's brokers practice single agency, in which they represent either buyers or sellers, but never both in the same transaction. Some buyer's brokers represent only buyers and refer prospective sellers to other brokers. The broker is paid by the buyer, or through the seller or listing broker at closing, provided all parties consent.

4
 
|15 years ago|203 views|share |citing 
APABarry Goldsmith. (2010). buyer's broker. Retrieved September 29, 2026, from http://smartdefine.org/buyer%27s_broker/definitions/1149211
ChicagoBarry Goldsmith. 2010. "buyer's broker" http://smartdefine.org/buyer%27s_broker/definitions/1149211 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, buyer's broker, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/buyer%27s_broker/definitions/1149211>.
MLABarry Goldsmith. "buyer's broker" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/buyer%27s_broker/definitions/1149211>