Orlando Real Estate and the "F" word...

By
Real Estate Broker/Owner with Buyers Broker of Florida

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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Representing ONLY the best interest of the Home Buyer...never the seller.

 Eve Alexander Orlando Buyers Agent

 

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Topic:
Home Buying
Location:
Florida Orange County Orlando
Groups:
Exclusive Buyer Agents
Exclusive Buyer's Agents (EBAs)
Posts to Localism
Luxury Real Estate
ABR/REBAC
Tags:
orlando real estate
real estate agent fiduciary duties
florida fiduciary realtor
orlando real estate representation

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Rainer
79,036
Gayle Beyer
Welcome Center Realty 772-336-8583, FLA777 - Port St Lucie, FL
Port St Lucie FL Real Estate Broker

So do you being your relationships as an exclusive agent w/a buyer's broker agreement in hand? In Port St Lucie clients use agents and then go to another agent to write. I believe 100% in fiduciary duties but I also believe the client should instill loyalty, confidentiality, honesty, full disclosure ect.... Just curious if you utilize the buyers broker agreement when working with buyers to ensure it is a two way street?

Mar 01, 2012 06:52 AM #1
Rainmaker
418,377
Mike & Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

Gayle: A FIDUCIARY relationship is always a two way street with mutual respect on both sides.  Yes, we work with an exclusive represertation agreement upfront...no need to waste time with a buyer that does not value what you bring to the table.

Mar 02, 2012 01:06 AM #2
Rainmaker
1,143,096
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

I think many miss this and its the entire basis of what we do.

Great post

Mar 14, 2012 12:05 PM #3
Rainmaker
302,810
Dana Hollish Hill
Hollish Hill Group, Keller William Capital Properties - Bethesda, MD
Associate Broker

Love this post and I'l tweeting it now. Thanks for putting this "f" word out there and defining it so well. 

Aug 05, 2012 03:46 PM #4
Rainmaker
418,377
Mike & Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

thanks so much for tweeting it!!

Aug 05, 2012 09:02 PM #5
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Rainmaker
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Mike & Eve Alexander

Exclusively Representing ONLY Orlando Home Buyers
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