1. Primary Decision-Makers: Buyer and Seller

At the heart of every real estate deal are the buyer and the seller. They are the principal parties who negotiate terms, agree on the purchase price, and make final decisions regarding the transaction. Their motivations, financial considerations, and timelines significantly influence the direction and outcome of the deal.​ 

2. Facilitators: Real Estate Agents and Brokers

Real estate agents and brokers act as intermediaries between buyers and sellers. They provide market insights, assist in property listings or searches, negotiate on behalf of their clients, and ensure that all necessary documentation is in order. While they do not make final decisions, their expertise and guidance are crucial in facilitating a smooth transaction. 

3. Legal and Financial Advisors: Attorneys and Lenders

Real estate attorneys ensure that the transaction complies with all legal requirements. They review contracts, address legal concerns, and oversee the closing process. Lenders, on the other hand, assess the buyer’s financial credibility and provide necessary financing. Their approval is essential for transactions involving mortgages, and they set terms that can influence the buyer’s purchasing power.​