Which type of agent provides all components of the OLDCAR duties?

A single agent is one who represents only one party in a transaction, either the buyer or the seller, and is responsible for providing the full spectrum of fiduciary duties, which are summarized by the acronym OLDCAR. These duties include Obedience, Loyalty, Disclosure, Confidentiality, Accounting, and Reasonable care.

In the role of a single agent, the agent is dedicated to acting in the best interest of the party they represent, ensuring that all necessary duties are performed with fidelity and care. This includes keeping their client informed and providing them with guidance throughout the transaction. The single agent's obligations are comprehensive and aim to protect the interests of the client above all else.

In contrast, other types of agents may have limitations in their duties. A sub-agent assists the primary agent and does not owe the same level of fiduciary responsibility to the client; a dual agent represents both the buyer and seller, which can create conflicts of interest and limits the extent of loyalty and confidentiality a dual agent can offer; and a facilitator or transaction broker has a more neutral role, providing support without representing either party fully. Thus, the full suite of OLDCAR duties being upheld is unique to the single agent role.