Who is designated as an agent in a real estate context?

In a real estate context, the term "agent" specifically refers to someone who acts on behalf of another individual, typically under a contractual agreement. This relationship is often established through a formal agency agreement, where the agent is authorized to perform specific tasks or make decisions on behalf of their client, whether that client is a buyer, seller, or landlord. This definition clearly encapsulates the role of an agent, as they are entrusted with the responsibilities and actions required to facilitate transactions or represent the interests of their client.

The concept of representation in real estate emphasizes that an agent must operate within the bounds of the authority granted to them by their client. This foundational understanding of agency highlights the importance of trust and fiduciary duty, ensuring that the agent acts in the best interest of the principal they represent.

While other roles in real estate involve various responsibilities—such as managing transactions or finding property listings—those do not capture the essence of what it means to be an agent. The key aspect of agency is the authority to act on behalf of another individual at their request, making option B the most accurate and comprehensive description of an agent's role in the real estate market.