Refers to the agent and A person or firm that acts as an agent between providers and users of products or services, such as a mortgage broker or real estate broker. See also “Mortgage Broker.” solely representing the buyer of the property. The buyer agent, the cooperating broker, the other broker, the buyer broker, are terms used interchangeably. In most context, it is An individual who provides services in buying and selling homes. The real estate professional is paid a flat fee or percentage of the home sale price by the seller. Unless you’ve specifically contracted with a buyer’s agent, the real estate professional represents the interest of the seller. Real estate professionals may be able to refer you to local lenders or... receiving a The fee charged for services performed, usually based on a percentage of the price of the items sold (such as the fee a real estate agent earns on the sale of a house). for representing the best The cost you pay to borrow money. It is the payment you make to a lender for the money it has loaned to you. Interest is usually expressed as a percentage of the amount borrowed. of the buyer.