Humber/Ontario Real Estate Course 2 Exam Practice

What is one of the key fiduciary duties a salesperson owes to their client?

1. Professionalism

2. Loyalty

3. Confidentiality

4. Skill

5. Trustworthiness

6. Competence

The correct answer is: Loyalty

One of the key fiduciary duties a salesperson owes to their client is loyalty. Loyalty involves always acting in the best interests of the client, putting their needs above all else, and avoiding any conflicts of interest. This duty ensures that the salesperson remains devoted to their client's goals and works towards achieving them with the utmost dedication and commitment. The other options mentioned, such as professionalism, confidentiality, skill, trustworthiness, and competence, are important traits and skills for a real estate salesperson to possess, but they do not specifically encompass the fiduciary duty of loyalty. While these qualities are valuable in building trust and credibility with clients, loyalty is distinct in that it focuses on the salesperson's unwavering dedication to their client's interests.