In many areas / regions of this country, a homeowner has many options, in terms of selecting the right real estate agent, to serve their best interests, etc. Obviously, since for most of us, our home represents our greatest financial asset, and this decision can have a strong impact on potential results, one must take this process very seriously and take the time and effort. to ensure, selecting the best representation, for your purposes. While it might be possible to effectively train and develop officers, to learn the necessary skills, etc., and, a motivated individual, through a combination of skills and developed judgment / wisdom, the basic quality of character of one, it should be kept in mind, because while anyone can handle the other necessary actions, etc., only the rare person will maintain absolute integrity, especially when an easier path may be available. This should also include, that individually, you seriously commit yourself, to your legal and ethical responsibility, and your duty, to honor and protect the fiduciary privacy of your client, etc. With that in mind, this article will briefly attempt, consider, review and discuss, some of what this covers.

1. What are some of the fiduciary responsibilities of an agent ?: Real estate agents are legally and ethically obligated to honor and protect their clients’ financial information and anything that may affect and impact their potential results. For example, while the homeowner may have personal reasons, which could point them toward the need to sell their home, such as financial reversals, etc., letting potential homebuyers know about them could result in these people looking for better conditions, including lower offers, etc. Also, for example, if your client has already committed to buying a new home and it is necessary to sell the existing one, to complete that transaction, revealing this confidential information could potentially be detrimental to your client. Since real estate agents receive a commission payment and are only compensated, after a successful transaction, some might be tempted to take some shortcuts and may reveal certain information, believing that you can create offers. Understand that doing it is neither legal nor ethical, but the reality is that sometimes it is done anyway.

two. Integrity and disclosure: One must balance his loyalty to his client, with his legal obligation, to disclose any material problems / flaws that may affect any potential buyer! No one should proceed, with nothing less than absolute integrity, while balancing this, with the duties and responsibilities that you owe to your client.

Select the real estate agent carefully, you will hire, based on many factors, but listen carefully and closely examine the essential quality of the individual’s character. You owe it to yourself to receive the best representation!