The relationship between a broker and their client is known as a "fiduciary" relationship, which means the broker is responsible for looking out for their client's best interests.
These are questions that the above text answers:
1. What is the relationship between a broker and their client called?
2. What does it mean for a broker to have a fiduciary relationship with their client?
3. What is the responsibility of a broker in a fiduciary relationship?
4. Who is responsible for looking out for the client's best interests in a fiduciary relationship?
5. What are the roles and responsibilities of a real estate agent?
6. What is the main duty of a broker towards their client?
7. What is the significance of a fiduciary relationship in real estate?
8. How does a fiduciary relationship affect the broker-client dynamic?
9. What legal obligations does a broker have towards their client?
10. How does a fiduciary relationship impact the decision-making process in real estate transactions?