Why A Real Estate Agent Must Possess Fiduciary Responsibility?

Although, both, the real estate law, of, nearly every state, as well as the Code of Ethics, of most real estate associations, requires an agent, to proceed, with the fiduciary responsibility, to protect, and properly serve the best interests, of his clients. However, while this may, seem, obvious, actually, doing so, may, often, be challenging, to, actually, achieve. Where is the, somewhat, fine – line, between, legally, required integrity, and ethics, and protecting your client’s trust? Just as an attorney must protect his client, a real estate agent, must focus, within the limitations of the law, to protect, anyone he has been hired, to serve, and represent. With that in mind, this article will attempt to briefly discuss this issue, and consider, the balance, and challenges, to doing so, effectively, and properly.

1. The fine – line, between telling the truth, and owing allegiance to one’s clients: The law, demands, … Read More