• Loyalty
The real estate agent must act in the best interest of the buyer
• Obedience
Must follow all lawful instructions
• Disclosure
Examples, but not limited to:
Relationships between agent and other parties
Existence of other offers
Status of earnest money
Seller’s financial condition
Property’s true worth
Commission split with other broker
Legal effect of important contact provisions
• Confidentiality
Any discussions, facts or information that should not be
revealed to others but does not include responsibility of
fairness and honesty in dealings with all parties
• Accounting in Dealings
Reporting of where any money placed in the hands of the broker
is kept
• Reasonable Skill and Care
Arriving at a reasonable purchase price and advising buyer of
such
Affirmatively discovering material facts and disclosing them
tothe buyer
Investigating the material facts related to the sale