Therefore, the Brokerage did not represent
the Clients in a fiduciary capacity and so there was no cause of action for breach of an implied fiduciary duty.
In real estate, buyer agents represent
their clients in a fiduciary capacity.
Not exact matches
We will serve
in a
fiduciary capacity and pledge to deliver financial advice and services that are exclusively to the benefit of our
clients.
Generally, a financial advisor is an independent practitioner who operates
in a
fiduciary capacity in which a
client's interests come before his own.
Apart from the likelihood of that being very remote, with all those years of experience, it escapes him that, rather than attach himself to the seller
in a
fiduciary capacity he could say, you know Mr. & Mrs seller, I have a
client for this property, my duty right now is to them, so I will not represent you but I will be thrilled if you would allow me to bring an offer from my buyer for X fee.
They don't need your help, your
clients don't need your brand of interpretation, you are simply conflicted
in your
fiduciary capacity.