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The type of relationship formed between the agent and their
client is called a fiduciary relationship. This relationship
must be based on trust, and the agent owes the following
duties to the client:
- Loyalty
- Diligence
- Confidentiality
- Obedience
- Disclosure
- Accounting
- Reasonable Care
Once a fiduciary relationship is established, the client
can rely on their agent to put the client's interest
before that of anyone else, including their agent's. The
courts strictly enforce these duties and require that
the Real Estate agent is fair and honest with all
parties involved in the transaction.
How Financing Details Affect Your
Offer
- Down Payment
- Interest Rate
- Closing Costs and Financing
Incentives
- Seller Financing
- Cash Offers
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