agency relationships: I will NEVER show your home! Food for Thought.... - 08/11/10 03:54 AM
Fiduciary duties can be defined under two categories - The duty of loyalty and the duty of care.  We, as real estate agents and brokers, render services, either intentionally through a written document, or unintentionally through our actions, that impose these duties.
As agents and brokers, we work under specific fiduciary duties that include:
Loyalty Obedience Disclosure Confidentiality Reasonable care & diligence Accounting By the very nature of our business, an agent's duty of loyalty compels us to refuse any work that is contrary to or in conflict with the best interests of our principle.  Buyers and sellers have distinct, competing interests when selling or buying real estate. 
Mainly, … (6 comments)