The real estate agent must act in the best interest of the Buyer.
OBEDIENCE:
Must follow the lawful instructions of the Buyer
DISCLOSURE OF ALL MATERIAL FACTS:
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 brokers Legal effect of important contract 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 to the buyer.
Investigating the material facts related to the sale.
The real estate agent must act in the best interest of the Buyer.