Beware If It Runs Like a Swift Brook
In real estate, some mouths flow faster than an overflowing mountain brook after several days of steady rain, constantly bubbling, chattering and spilling over with details that should remain quietly confident.
As a professional in any industry, words need to move with controlled purpose, not like an unchecked stream that haphazardly carries everything to the internet, agent activities or outside observers. Part of fiduciary duties is to keep client information, both personal and financial, contained.
We are obligated to safeguard it from outsiders and always act in the clients’ best interests. Details of a Real Estate Purchase Contract (timelines, repairs, loan status, pricing strategies or negotiations) flow to only those named party on the Listing Agreement or Buyer Broker Agreement.
Curious relatives, friends, or even well-meaning family members are not privy to updates, just because they ask. Their ears aren’t part of the transaction. Loose talk and casual comments at an open house or on a phone call can ripple outward, damage the deal, erode trust or create legal issues.
Instead, let communication with clients be clear, steady and sincere. Build a strong, reliable current of honesty and care in business dealings. When clients feel secure, they can then choose what to share or keep to themselves.
Staunch the flow. Agents mouths should only run with what best serves clients.
Do you agree?
When ready to buy or sell a house, privileged information is safe with me. Wanda-Kubat-Nerdin, Preferred Real Estate Agent at Red rock Real Estate in Sunny Southern Utah | 435.632.9374
Feature pic by Grok
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