Who is a person licensed to negotiate and transact the sale of real estate on behalf of the property owner?

Prepare for the Florida Mortgage Loan Officer Test. Access comprehensive flashcards and practice questions that include detailed hints and explanations. Advance your knowledge and increase your chances of success!

A real estate agent is specifically licensed to represent property owners in the negotiation and transaction processes related to the sale of real estate. Their role typically involves helping sellers market their properties, guiding buyers through the purchasing process, and facilitating the closing of sales. They have the knowledge and training required to understand the real estate market, legal requirements, and negotiation strategies, which makes them essential in the buying and selling process.

In contrast, a loan officer primarily focuses on the financial aspect of purchasing real estate, assisting clients in securing mortgage loans rather than negotiating property transactions. A real estate appraiser assesses property values but does not engage in the buying or selling process. Meanwhile, a property manager oversees rental properties on behalf of owners, handling day-to-day operations but not participating in sales transactions. Thus, the role of a real estate agent is uniquely suited to the responsibilities outlined in the question.

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