|
|
|
|
|
|
|
Subcribe
To Our Newsletter And Receive |
Your
Free Report On The Most |
Common
Mistakes Real Estate Investors |
Make
and How You Can Avoid Them |
|
|
New Articles |
|
|
|
|
|
|
|
|
|
Real Estate Broker Responsibility
More often then not, the keyword in the real estate
industry is "put on the market" rather than "represent".
For too many brokers and agents appear to have an undeclared mission
statement that reflects "salesmanship" rather than "representation"
of Seller or Buyer. The California Department of Real Estate innocently
reinforces this by identifying the licensee as a "Broker"
or a "Salesperson". A "Salesperson" be supposed
to be more rightly identified as a "Broker Associate"
or "Broker Affiliate" to more properly make out the responsibility
inherent in this task.
First and foremost, ethically and legally, a real
estate agent is supposed to be continuously conscious of his fiduciary
responsibility to the client. "Fiduciary" simply means
handling funds on behalf of another. Primary thing to that definition
is the element of trust which is as much a responsibility, as it
is a freedom. Real estate breeds the most litigation of any industry,
a fact that could very simple be a thing of the past if more agents
would faithfully carry out their fiduciary responsibility to their
clients. It would reduce legal action significantly.
There is an saying in this industry that says,
"20% of all agents make 80% of all sales". Is this a measure
of success? Perhaps, but an improved measure of success would be
one that measures temperament and responsible representation.
Real estate broker responsibility,real estate investing training,Investment in real estate,home buying
|
|
|