Texas Real Estate State Practice Exam 2025 – All-in-One Guide to Master Your License Success!

A buyer's representation agreement is designed to establish an agency relationship between the buyer and the real estate agent. This legal document outlines the responsibilities and obligations of both parties, ensuring that the agent represents the buyer's interests throughout the home-buying process. By creating this agreement, the buyer secures the commitment of the agent to act in their best interest, whether that involves finding the right property, negotiating offers, or providing valuable market insight.

In contrast, establishing a property ownership claim is related to the transfer of title and is not the purpose of this agreement. Assigning responsibility for property taxes falls under different legal obligations and is not covered by the buyer's representation. Finally, while finalizing the sale of a property is a key part of the overall real estate transaction process, it occurs after the initial representation agreement is in place and does not represent the primary purpose of this document.