Listing broker has obligation not only to sellers

“honestly, fairly and in good faith”

It is pretty obvious that real estate agents and brokers who list properties for sale assume significant fiduciary duties to the owners under state law.

Those duties encompass obedience, loyalty, disclosure of information, confidentiality, accountability, and reasonable care, skill and diligence.

What may be less apparent to consumers is the obligation to treat everyone else acceptably under the law.  We real estate professionals must “deal honestly, fairly and in good faith with the buyer.”

Within that phrase lie a number of duties — for example, the following: Continue reading