2024 BUYERS GUIDE_FINAL | Page 12

how buyers and agents work together

BROKERAGE IN GEORGIA
• Real estate agents in Georgia are licensed and affiliated with a broker , typically as an independent contractor .
• Buyers interact with agents who are supported by their broker .
• Georgia law defines the different working relationships between agents and buyers .
• Buyers have the option to work with an agent as a “ client ” or “ customer .”
CLIENT RELATIONSHIP
In a client relationship , buyers are legally represented by an agent who is contractually bound to represent their best interests in all aspects of the home buying process .
The legal agreement between a client and agent authorizes the agent to negotiate on behalf of the client .
Clients enjoy the full benefit of an agent ’ s knowledge , expertise and advice .
CUSTOMER RELATIONSHIP
In a customer relationship , buyers are not legally represented by an agent during the home buying process .
Agents working with a customer are considered transaction brokers and are not authorized to negotiate on the buyer ’ s behalf , offer guidance or give advice .
Duties performed by an agent working with a customer are limited to ministerial acts such as locating properties , preparing contracts and providing names of vendors .