A buyer hires a real estate agent to represent them in a transaction. What is the agent's fiduciary duty of obedience?
A. To act in the best interest of the seller
B. To follow the instructions of the buyer
C. To negotiate the highest price possible
D. To disclose all known defects in the property
Answer
Answer: B
The agent's fiduciary duty of obedience requires them to follow the lawful instructions of the buyer, as long as they are within the scope of the agency agreement.