What is a responsibility that REALTORS® have toward their clients?

The role of REALTORS® entails a fiduciary responsibility to their clients, which fundamentally includes acting honestly and fairly in all dealings. This ethical obligation ensures that REALTORS® prioritize their clients' interests and provide transparent, truthful information throughout the buying or selling process. Acting honestly means not misrepresenting properties or market conditions, while fair dealings encompass treating clients with respect and providing equitable services.

This responsibility is outlined in the National Association of REALTORS® Code of Ethics, which mandates that REALTORS® conduct their business in a manner that reflects honesty and integrity. Upholding this principle not only fosters trust between REALTORS® and their clients but also enhances the overall reputation of the real estate profession.

In contrast, withholding information about market trends undermines the trust and transparency necessary for a successful transaction. Prioritizing commission over client needs reflects a lack of commitment to client welfare and disregards the ethical standards of the profession. Finally, relying solely on personal experiences ignores the broader, vital market data and professional resources that can significantly benefit clients.