answersLogoWhite

0

false. No one has a duty of loyalty to anyone.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What is sole selling agent?

The question asks 'What is sole selling agent. - it relates to one individual or group and no other. That is the sole selling agent


What is sell insurance products?

Actually 'selling insurance products' is a misconceived notion.Insurance products are not sold, but purchased, because it is only after much persuration that the prospect agrees to buy the policy, where the toil of the agent plays the pivotal role.


What does loyalty and commitment on the job means to a customer service agent working from home?

what does loyalty and commitment on the job mean


Does the seller pay the buyer's agent when selling a home by owner?

In most cases, the seller does not pay the buyer's agent when selling a home by owner. The buyer's agent typically receives their commission from the seller's agent or directly from the buyer.


Can you work as a selling agent on eBay?

yes.


Example case of agency by ratification?

an agent secures a contract on behalf of the principle and the principle agrees to it


Does a listing agent have an advantage selling a property vs another agent?

Yes. As long as it sells... at any price, until the listing agreement expires (and then some) they make $. They don't even have to be the selling agent.


An agent acting as a dual is not always in breach of the duty of loyalty True or False?

True


Difference between sole selling agent and sole buying agent?

they are 2 names for the same thing.


What are the duties of a real estate agent?

When an agent is hired to represent his/her client an agency relationship is formed whereby the agent owes the client fiduciary duties, that include, loyalty, obedience and confidentiality.


Can a real estate agent who is selling a property be the owner of the property?

Yes in many cases they are the owner of the property which they are selling.


How much do estate agents earn?

This amount may vary in places, but the total comission is usually 6% of the sale price of the house. There are also other variables involved. For example, let's say there is a listing agent (the real estate agent who listed the property), a selling agent (the real estate agent who sold the property) and the broker under whom both agents work. In this case, the listing agent would get 2% of the total sale price, as would the selling agent and the broker. If the listing agent and selling agent are the same person, they would received 4% comission, and the broker 2% of the sales price. If the broker is also the listing and selling agent, then s/he gets the full 6% comission.