What is typically included in a fiduciary duty between an agent and their client?

Fiduciary duty is a fundamental principle in the relationship between an agent and their client, particularly in real estate transactions. This duty encompasses a range of responsibilities, all aimed at prioritizing the client’s interests above those of the agent.

Pursuing the best interest of the client means that the agent must act loyally and in good faith, ensuring that all decisions and actions taken throughout the transaction support the client’s goals and needs. This includes providing honest advice, maintaining confidentiality, and avoiding any conflicts of interest that may compromise the client’s objectives. The agent’s role is not just to facilitate a transaction but to advocate for what is most beneficial for their client, whether it involves negotiating a better price, selecting property options that fit the client's needs, or providing guidance based on their expertise in the market.

This principle of acting in the client’s best interest is foundational to the trust placed in real estate professionals and is what distinguishes a fiduciary relationship from other types of interactions where the agent may not have the same obligations. In doing so, the agent solidifies a professional relationship that is built on integrity and accountability.