Real Estate Agent with Debby Bright, Real Estate Broker


Fiduciary, as defined by the California Dept. of Real Estate


A person in a position of trust and confidence, as between principal and broker; broker as fiduciary owes certain loyalty which cannot be breached under the duties of agency.


Agency, as defined by the California Dept. of Real Estate


The relationship between principal and the principal’s agent which arises out of a contract, either express or implied, written or oral, wherein the agent is employed by the principal to do certain acts dealing with a third party.


Fiduciary Duty, as defined by the California Dept of Real Estate


That duty owed by an agent to act in the highest good faith toward the principal and not to obtain any advantage over the latter by the slightest misrepresentation, concealment, duress, or pressure.

Comments (1)

Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here. I am from Charlottesville Virginia and using Active Rain has really increased my business!

My main blog on Active Rain is here: Charlottesville Real Estate Blog, not the link at the bottom of this post. 

I hope you will look into the many groups as there are some great group both local and broad based,.... 


Jul 03, 2008 02:18 AM