What is the relationship between the seller's and buyer's brokerages?

The seller's brokerage represents the seller, while the buyer's brokerage represents the buyer, establishing a clear agency relationship where each party has their own representation. This separation ensures that both the seller and buyer receive dedicated support and guidance tailored to their specific interests throughout the transaction process.

In real estate transactions, it's essential to have this clear delineation of representation to avoid conflicts of interest and ensure that both parties' needs are adequately addressed. The seller's brokerage focuses on marketing the property and negotiating favorable terms for the seller, while the buyer's brokerage works to find suitable properties and negotiate terms that benefit the buyer. This arrangement allows for a more balanced and fair negotiation process.

In contrast, options suggesting that either both brokerages represent the same party or switch the relationships misunderstand the fundamental roles of brokerages in real estate transactions, which would compromise the efficacy and integrity of the representation.