Fiduciary duties are the highest duties know to the law. Classic examples of fiduciaries are trustees, executors, and guardians. As a fiduciary, a Realtor® is held under law to owe certain specific duties to his/her principal, in addition to any duties or obligations set forth in a listing agreement or other contract of employment. They include:
Loyalty ▪ Confidentiality ▪ Disclosure Obedience
▪ Reasonable care and diligence ▪ Accounting
I take this commitment very seriously because it is the main reason I got into Real Estate. I found time after time things going wrong with deals and communication being left on the back burner, causing frustration and confusion. Wondering what comes next? I know what it is like to be helped by a real estate agent that is simply focused on closing, not my needs or wants. It stinks! It leaves you feeling like they were there simply for the check at the end of the process...not making the process smooth for you. You can read more about my WHY here. You can read more about what a Fiduciary is by clicking HERE.
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