"Yielding the Right-of-Way" - Representing Your Client's Best Interests

By
Real Estate Broker with Keller Williams West Sound Realty

 Money, or the allure of money, sometimes does the strangest things to people. It causes them to lose sight of their priorities and purpose. It clouds their judgment. It changes their focus from serving others to serving themselves.

In real estate, it can be an easy temptation to lose sight of our statutory or fiduciary responsibilities and obligations, especially in a slowing market. Commission checks are farther and farther apart. We're scrambling to make ends meet. Every closing counts.

To read more about the importance of relentlessy representing our client's best interests, go to SOUNDBITEBLOG.

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      another quality consumer article from Sparky

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Location:
Washington
Tags:
representation
relentless
fiduciary
statutory
duties
obligations
real estate practices
ethics
service

Comments 11 New Comment

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Ambassador
1,019,096
Celeste "SALLY" Cheeseman
RA, CRS, Hawaii Mililani Oahu Real Estate
Century 21 Liberty Homes
And that's just it Rich. Always in the best interests of our client....and everything follows...including that good nights sleep!
October 06, 2007 08:09 PM
Rainmaker
293,726
Roberta LaRocca
REALTOR®, Broker, Salesperson, Property Management
Simply Vegas Real Estate
Rich, I think in any service business, your client's interest has to come first.  The money will follow if you serve the client to their satisfaction. 
October 06, 2007 08:25 PM
Rainmaker
221,083
Rick & Ines - Miami Beach Real Estate
Majestic Properties
OMG - looks like Jake The Snake is making his rounds in Seattle as well!  These are the type of people that make the industry look bad and make us look so good.  I wish there was an easy way to get rid of these sores in our business.
October 06, 2007 09:48 PM
Rainer
83,553
Joanne Hanson
Summit County, Colorado Realtor
Coldwell Banker Colorado Rockies Real Estate
Rich, in Colorado, many people act as Transaction Brokers, with no fiduciary duty.  However you still have a duty to be honest with the Buyer or Seller, and I see lots of people who, although not being dishonest, kind of smooth over things to get the deal to close.  I like to represent my clients, and they like it when I do.  Sometimes it means losing the deal, but if it is in the Buyer's best interest to do so, then it is the right thing to do. 
October 06, 2007 11:57 PM
Rainmaker
144,336
Gilbert Arizona Real Estate - REALTOR® Candace Robinson Broker Associate
Red Hawk Realty & Property Management
Red Hawk Realty & Property Management

Rich -  nice reminder for those that let greed run their business! When in fact the only thing running is their client in the other direction when they start to see their true colors. I have run across a few agents in my 3 years of real estate that were in violation of the code of ethics for refusing to show listings that weren't offering adequate co-broke to their liking. In fact when our market here was a lot of exclusive listings, lower than the typical 3% co-broke being offered, houses were getting multiple offers and selling in minutes; I had an agent call me and told me when my client decided to up his co-broke commission that he would bring his client by! He actually put that on my voice mail...I wonder where his fiduciary responsibilities were that day? I wonder what his buyer would thought of him leaving this property out of the options? Hmmmm?  Greed!! It tends to get the best of so many and eventually it comes around to bite them in the long run. Good Post... oh by the way..I was able to chat with this young agent and remind him he was in violation of the COE and that perhaps he ought to check with his broker about his theory. It happens but we all need to keep the greed radar off. I enjoy working for my buyers and enjoy the challange of helping them find their dream.

October 07, 2007 02:05 AM
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Providing Knowledgeable Empowerment and Relentless Representation of Real Estate Clients throughtout the Western Puget Sound, including all of Kitsap County WA, and portions of Mason, Pierce, and Jefferson Counties.

"Helping You to Successfully Achieve Your Next Adventure in Life!"

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