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Ambassador
3,339,384
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Oh my heavens .... I wish you all the best with your real estate studies. 

Oct 02, 2019 10:27 AM
Rainer
423,172
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

See the other answers these nice people have supplied for you.

Oct 02, 2019 08:08 AM
Ambassador
2,166,562
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

"A fiduciary duty is an obligation to act in the best interest of another party. ... A person acting in a fiduciary capacity is held to a high standard of honesty and full disclosure in regard to the client and must not obtain a personal benefit at the expense of the client." 

A breach of these duties has serious consequences.

Oct 02, 2019 08:04 AM
Rainmaker
5,096,366
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Who are you? Why do you ask? And you're pulling our legs aren't you with this question? Ask Mr. Google and you'll get your answer more quickly than I could write one.

Oct 02, 2019 11:19 AM
Rainmaker
2,775,731
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

personal application of trust & honesty from licensee to client...sacred too

Oct 02, 2019 10:53 AM
Rainmaker
2,373,348
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Ask your worthless instructor that charges you for the ridicules education your NOT getting... when he gets back from the golf course that is.

Oct 02, 2019 10:37 AM
Rainmaker
1,498,388
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Actually teaching your students.

Oct 02, 2019 09:24 AM
Rainmaker
5,772,353
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Many members answered. A

Oct 02, 2019 11:17 AM
Rainer
187,002
Raj Taj
RE/MAX - Lake Bluff, IL
Drive By Blessings!

Used in a sentence: Students who are in real estate schools that don't do well with their fiduciary duties, should get a refund.

Oct 02, 2019 11:10 AM
Ambassador
2,047,455
Alan May
Jameson Sotheby's International Realty - Evanston, IL
An offer you can't refuse!

Oct 02, 2019 09:48 AM
Rainmaker
4,900,526
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Are you still in Real Estate school.

 

Oct 02, 2019 08:21 AM
Ambassador
6,355,186
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

fiduciary duty. A legal obligation of one party to act in the best interest of another. The obligated party is typically a fiduciary, that is, someone entrusted with the care of money or property.

Oct 02, 2019 08:04 AM
Rainmaker
1,237,495
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

On the test so you need to know the ans.

Oct 02, 2019 07:49 AM
Rainmaker
1,530,665
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Honesty, Ethics, Morality and your legal duty to all you work with.

Oct 02, 2019 07:47 AM
Rainmaker
5,849,723
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Good luck with your studies.

Oct 16, 2019 09:46 AM
Rainmaker
5,192,333
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Richard Weeks nailed it for you!

Oct 08, 2019 04:14 AM
Rainmaker
2,070,825
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

No idea.

Oct 06, 2019 04:25 PM
Rainmaker
4,852,510
Richard Weeks
Dallas, TX
REALTOR®, Broker

Think of old car:

 

Obedience

 

Loyalty

 

Disclosure

 

Confidentiality

 

Accounting

 

Reasonable Care

 

Oct 03, 2019 04:17 AM
Rainmaker
4,135,664
John Pusa
Glendale, CA

Many great responses.

Oct 02, 2019 04:19 PM
Rainer
287,057
Byron K . Jones
Coatesville, PA
List Today - Sold Tomorrow!

yes

Oct 02, 2019 03:23 PM
Rainmaker
7,792,454
Roy Kelley
Retired - Gaithersburg, MD

Try Google...

Fiduciary Duties in Real Estate. When a real estate agent or broker acts in an agency capacity for a buyer or seller client in a transaction, the agent or broker functions under certain legally mandated duties called fiduciary duties, acting in the best interests of the client.
What Are Fiduciary Duties in Real Estate? - The Balance ...

https://www.thebalancesmb.com › fiduciary-definition-2866602
Oct 02, 2019 03:01 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Something that agents should provide, but don't.

 

Eve

Oct 02, 2019 02:48 PM
Rainmaker
2,169,588
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Isn’t your Instructor getting paid to teach this to the class ???

Oct 02, 2019 12:35 PM
Rainmaker
1,295,151
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Real estate agents are fiduciaries. As such they have the duty to clients to provide the highest possible standard of care, place the client’s interests ahead of their own and to, in all ways, act in the client’s best interests.

Oct 02, 2019 12:32 PM
Rainmaker
1,619,191
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

#...1

Oct 02, 2019 12:02 PM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

a blue anonymous man already asked this!!

Oct 02, 2019 12:01 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No idea.

Oct 02, 2019 11:52 AM