Orlando Real Estate and the "F" word...
Desperately needed, Mostly Avoided, Rarely talked about, Seldom practiced, and ALWAYS MISUNDERSTOOD!
That dirty word...FIDUCIARY!!! Here's what it means:
- Representation
- Undivided Loyalty
- Responsibility
- Advisory
- Honesty
- Confidentiality
- Full Disclosure
- Ultimate Care
- Obedience
- Client Status
Fiduciary is a relationhip of trust where your Florida Real Estate Agent puts your interest above their own. Most Orlando Florida Realtors avoid being a "fiduciary" in order to release themselves of liability. They prefer to cover their own assets, rather than take care of yours.
Making matters worse for you and life easier for Orlando Florida Real Estate Agents, the State of Florida has turned away from requiring "Fiduciary Duties" from agents and currently every agent in Florida begins as a " Transaction Broker", a middle man, with no fiduciary duties for you. So, unless you have a written agreement for representation which INCLUDES FIDUCIARY DUTIES, you have to watch out for yourself.
A true "Florida Fiduciary Real Estate Agent" will have a higher degree of skill and dedication, because it takes a higher level of competence and confidence to pledge in writing that you will receive 100% loyalty, 100% confidentiality, 100% full disclosure along with top skill care and dilligence. A True Fiduciary Relationship also requires a agent who will always avoid any and all conflicts of interest. Read what the Media Says.
Now that you are an educated about Orlando Real Estate, why settle for anything less than a fiduciary relationship with your Orlando Real Estate Agent?
If you would like the most experienced Home Buying "Fiduciary" Agents in the Orlando Area that offer ONLY full Fiduciary Duties to the Homebuyer, please contact us. We would be glad to give you full "Fiduciary Representation".
Copyright @ Buyers Broker of Florida 2012 "Orlando Real Estate and the "F" word".
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