What is a real estate broker's fiduciary duty to their client?

A real estate broker's fiduciary duty to their client primarily revolves around acting in the best interest of the client. This fiduciary relationship is built on trust and loyalty, requiring brokers to prioritize their clients' needs and objectives above all else. It encompasses various responsibilities, including full disclosure, confidentiality, and diligent representation.

By placing the client’s interests first, brokers must provide honest advice, share relevant information, and advocate effectively during negotiations. This fundamental principle ensures that clients receive the highest level of service and safeguards their interests throughout the real estate transaction process. While ensuring the highest market value, minimizing costs, and negotiating favorable terms can be aspects of this duty, they all align under the broader obligation to act in the client's best interest.