A seller's agent in Texas owes which duty to buyers?
Question & Answer
Review the question and all answer choices
Loyalty
Loyalty is incorrect because it is a fiduciary duty owed exclusively to the agent's client (the seller in this case). A seller's agent cannot owe loyalty to the buyer as that would create a conflict of interest.
Confidentiality
Confidentiality is incorrect because it is a fiduciary duty owed only to the client (the seller). A seller's agent cannot maintain confidentiality about the seller's motivations or property details when dealing with the buyer.
Honest dealing
Obedience
Obedience is incorrect because it is a fiduciary duty owed only to the client (the seller). A seller's agent must follow the seller's lawful instructions, not the buyer's.
Why is this correct?
Honest dealing is the correct answer because agents must treat all parties fairly and honestly, regardless of who they represent. This duty is owed to both clients and non-clients in a transaction, making it the only option that applies to a seller's agent's relationship with a buyer.
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