Loyalty
The real estate dgent must act in the interest of the buyer
Obedience
Must follow the lawful instructions of the buyer
Disclosure of all Material Facts
Example of, but not limited to:
- Relationships between agent and other parties
- Existence of other offers
- Status ofeamest money
- Seller’s flnancial condition
- Property”s true worth
- Legal effects of important contract provisions
Confidentiality
Any discussions, facts or information that should not be revealed to others
Accounting in Dealing
Reporting location of any money place in the hand of the agent
Reasonable Skill & Care
Discovery and disclosure of material facts
Investigating material facts relating to the sale