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stacey wuyts, A all around great person. (stacey)

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Rainmaker
1,643,260
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

I like the way you started your question. 

You might want to try ''Here is another one for you AGAIN'' since this Q was asked already only zillions of times by other students. 

Nov 15, 2016 04:12 PM
Ambassador
5,439,579
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!
Nov 15, 2016 09:42 AM
Rainmaker
5,064,945
Richard Weeks
Dallas, TX
REALTOR®, Broker

OLD CAR

Obedience

Loyalty

Disclosure

Confidentiality

Accounting

Reasonable Care

Nov 15, 2016 09:35 PM
Ambassador
6,623,205
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Keep in mind who your client is and always be in their corner.

Nov 16, 2016 06:18 PM
Rainmaker
1,530,594
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Be excellent onto each other.  The Bill and Ted's Golden Rule works well for these duties.

Nov 16, 2016 06:28 AM
Rainmaker
2,828,707
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Identical to what one would do for themselves only you do it for someone else and not stop until all results and promises are in.

Nov 15, 2016 09:57 PM
Rainmaker
5,251,163
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

I'm sure they are listed in your textbook. Is this a test for those of us who are licensed... well, I've already passed all my tests and in several states.

Nov 15, 2016 08:41 PM
Rainmaker
4,321,670
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

stacey wuyts - in layman's terms - working in the best interest of your clients.

Nov 15, 2016 03:05 PM
Rainmaker
4,273,325
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I'll check in one of my RE text books.

Nov 15, 2016 02:17 PM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Lise Howe answered it very well. Your real estate studies should cover it well.

Nov 15, 2016 12:43 PM
Ambassador
3,762,439
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

You should get a better answer from your course materials!

Nov 15, 2016 12:16 PM
Rainmaker
1,157,841
FN LN
Toronto, ON

Does your course not cover such issues for your jurisdiction?

Nov 15, 2016 12:10 PM
Rainmaker
917,693
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

That sort of question can be researched. Experienced agents can help with other issues.

Nov 15, 2016 11:08 AM
Rainmaker
2,423,571
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

A fiduciary duty is the highest standard of care.  The person who has a fiduciary duty is called the fiduciary, and the person to whom he owes the duty, is typically referred to as the principal or the beneficiary. If an individual breaches the fiduciary duties, he or she would need to account for the ill-gotten profit. His or her beneficiaries are entitled to damages, even if they suffered no harm. 

Fiduciary duties exist to encourage specialization and induce people to enter into a fiduciary relationship.  By imposing these duties, the law reduces the risk of abuse of a beneficiary by the fiduciary.  As a result, potential beneficiaries can have greater confidence in seeking out a fiduciary.

Nov 15, 2016 10:57 AM
Rainmaker
681,434
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Confidentiality

Obedience to the Laws of our State

Accountability and Loyalty

Disclosure

Reasonable Care and Service

Nov 15, 2016 09:48 AM
Ambassador
2,699,677
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

@Richard Weeks has the answer for you.

Nov 19, 2016 11:01 AM
Rainmaker
4,800,282
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

They are outlined in your state's license course as well as the agency disclosures.

Nov 16, 2016 12:47 AM
Ambassador
3,408,180
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Debe Maxwell has this one ... and so does Richard Weeks with a great way to remember them. I wish you all the best in your schooling.

Nov 16, 2016 12:31 AM
Rainmaker
5,424,246
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Refer to the Richard Week's offering!

Nov 15, 2016 10:38 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

stacey wuyts Too involved to write it all out here. Google "Real Estate Fiduciary Duties" for your answer.

Nov 15, 2016 10:35 PM
Rainmaker
1,746,027
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Chapter 1, Agency

Nov 15, 2016 10:09 PM
Rainmaker
5,584,078
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Richard Weeks has the answer for you....

Nov 15, 2016 10:01 PM
Rainmaker
3,073,909
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

parked and reading...

Nov 15, 2016 09:55 PM
Rainmaker
4,695,388
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Richard Weeks' acronym answer is always a good way to remember.   

Nov 15, 2016 09:41 PM
Rainmaker
1,618,024
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

It is all that we do for our clients

Nov 15, 2016 08:54 PM
Rainmaker
4,434,227
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Others have answered.

Nov 15, 2016 08:29 PM
Rainmaker
8,083,687
Roy Kelley
Retired - Gaithersburg, MD

Study the rules in your state.

Nov 15, 2016 07:39 PM