Washington State Real Estate Practice Exam

What must a broker do for a client when acting as a fiduciary?

1. Act solely in the broker's interest

2. Provide only necessary information

3. Advance the interests of the client

4. Limit access to sensitive information

The correct answer is: Advance the interests of the client

When a broker acts as a fiduciary for a client, they are required to advance the interests of that client above their own. This fiduciary duty involves loyalty, care, and full disclosure, ensuring that all actions taken by the broker are in the best interest of the client. This means that the broker must prioritize the client's needs when making decisions and providing advice, ultimately protecting and promoting their client's objectives in the real estate transaction. Fiduciary relationships demand a high level of trust, personal confidence, and ethical responsibility, which is why advancing the client's interests is fundamental to the broker's role. It encompasses advocating for the client throughout the entire process, whether negotiating a sale, providing insights into market conditions, or navigating any legal complexities that may arise. By focusing on advancing the client's interests, brokers fulfill their legal and ethical obligations, thus reinforcing the integrity of professional relationships in the real estate field.