Within the Real Estate Buyer's Agent Council (REBAC), we're focused on helping buyers gain a better understanding of what
fiduciary responsibilities mean, to them, in a real estate transaction.
To have
a fiduciary responsibility means that someone has put his confidence and trust in you, and that you in turn agree to honor it.
Not exact matches
The op - ed explains what it
means to be a
fiduciary, the conflicts within sell - side research, and how advisors fulfill
fiduciary responsibilities going forward.
They were often small partnerships, which
meant that the partners had a strong sense of personal
responsibility and
fiduciary duty to their clients.
I'm a CERTIFIED FINANCIAL PLANNER ™ practitioner, which
means I have a
fiduciary responsibility to do what's in your best interest — and you know I would do so anyway!
This seems obvious but if you work with a sales agent that you find at an open house, for example, he is likely working for the seller and not you —
meaning his
fiduciary responsibility is to get the highest price and best deal for his client.
We have a
fiduciary responsibility to our clients, which
means that we need to develop of level of trust and a level of understanding.
It is sad to think that after wannabe - real - estate - salespersons students have successfully passed their exams, that thereupon entering their fields of dreams, licenses in hand and managers earnestly pushing for listings, that these same said newbies do not seem to understand (or put into practice) what the
meaning of
fiduciary responsibility to ones» clients entails unless it is explained via more paperwork.
Multiple offer situations
mean executors have done their job to see what the market will yield for the property, meeting their
fiduciary responsibilities.