What is a primary responsibility of a real estate agent under fiduciary duty?

A primary responsibility of a real estate agent under fiduciary duty is to represent their client’s interests with loyalty and care. This fiduciary relationship requires agents to act in the best interests of their clients, prioritizing their needs and objectives above all else. This means the agent is obligated to provide honest and transparent communication, to disclose any potential conflicts of interest, and to avoid any actions that could harm the client.

Fulfilling this responsibility involves safeguarding the client's confidential information and using their expertise to advocate for their client during transactions, whether in negotiations or in making decisions. This level of loyalty is foundational to the trust that clients place in their agents and is a legal and ethical expectation in the real estate profession.

While marketing properties effectively, negotiating property prices, and providing financial consultations can be part of an agent’s role, they do not encapsulate the essence of fiduciary duty. The primary focus is on loyalty and care towards the client, ensuring that their interests are always prioritized in every transaction.