What is the fiduciary duty of an agent to their client?

The fiduciary duty of an agent to their client fundamentally revolves around the principle of acting in the client's best interests. This duty encompasses several responsibilities, including loyalty, confidentiality, full disclosure, and accountability. An agent must prioritize the needs and wishes of their client above their own interests, ensuring that everything they do serves to advance the client's goals in the transaction.

While disclosing property defects is an important responsibility for an agent to maintain transparency and honesty, it is specifically a part of the agent's broader obligation rather than the fiduciary duty itself. Ensuring the highest sale price and informing the client of market trends are also essential aspects of an agent's role, but they fall under the overarching duty to act in the client's best interests, rather than being standalone fiduciary obligations. Hence, acting in the client's best interests is the core of the agent's fiduciary duty, guiding all the actions and decisions made during the course of the relationship.