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Answers

Ambassador
2,149,185
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home again, home again...
Dec 29, 2020 02:48 PM
Rainmaker
5,774,279
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Follow Alan May instructions. A

Dec 29, 2020 03:08 PM
Ambassador
3,480,200
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

They are necessary and important to ensure our clients' best interests are being served. 

Now, what about water rights? 

Dec 29, 2020 06:02 PM
Rainmaker
4,515,908
John Pusa
Glendale, CA

All fiduciary duties are important.

Dec 29, 2020 05:13 PM
Rainmaker
8,390,548
Roy Kelley
Retired - Gaithersburg, MD

They are important if you wish to stay out of trouble, keep your license and avoid jail time.

Dec 29, 2020 04:35 PM
Rainmaker
1,535,919
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.

Dec 29, 2020 03:57 PM
Rainmaker
1,311,332
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

I won't rehash the answers you have received

Dec 30, 2020 09:55 AM
Ambassador
3,735,632
Anna "Banana" Kruchten
Retired Broker/Owner - Phoenix, AZ
602-380-4886

If you want to be come a trusted real estate agent that creates a successful referral business, doing right by your clients is your fiduciary duty.

Dec 29, 2020 07:14 PM
Ambassador
3,362,381
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
Southern Utah's Preferred Real Estate Agent.

Let them be your guide to stay out of the pokey!

Dec 29, 2020 05:51 PM
Rainmaker
2,917,442
Richard Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I remember when I was studying this subject and how serious I took everything. After decades in this business, common sense, customer service and professional conduct win the day. To answer your question: Fiduciary is another word for personal trust which to me if applied to all aspects of the human being would make a better world. The legal definition is to act with best interests for another party. You getting licensed is contingent upon you agreeing to do so. I do it because it is the right thing to do

Dec 29, 2020 03:33 PM
Rainmaker
2,273,714
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

They demonstrate that Consumers need help in a successful real estate transaction

Dec 30, 2020 11:53 AM
Rainmaker
5,700,477
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Taken as a whole, the one you violate is the most importatnt since it is the one that will cost your license in most states.

Dec 30, 2020 04:18 AM
Rainmaker
2,236,622
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker