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Buyer Agent Fiduciary Duties

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Uploaded by on Nov 12, 2008

An explanation of the fiduciary duties owed to a real estate buyer client by a true buyer's agent.

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Education

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  • Nice job Stefan.

    One other thing. I feel it is important for consumers to know that the "agent" in the term "buyer agent" refers to the company. Only real estate brokers and brokerages can enter into contracts with consumers so the fiduciary duties involve the whole company. Many Michigan real estate firms now only offer "designated buyer agency" which is a lower level of service in which only an individual person and their supervisor represents the buyer.

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