what is a realtor responsible for
A real estate broker, real estate agent or realtor is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy.
Real Estate & Mortgage Resources. When representing a buyer, seller, landlord, tenant, or other client as an agent, REALTORS pledge themselves to protect and promote the interests of their client. This obligation to the client is primary, but it does not relieve REALTORS of their obligation to treat all parties honestly. When serving a buyer, seller, landlord, tenant or other party in a non-agency capacity, REALTORS remain obligated to treat all parties honestly. (Amended 1/01)
First and foremost, ethically and legally, a real estate agent should be continuously aware of his fiduciary responsibility to the client. Fiduciary simply means handling funds on behalf of another. Integral to that definition is the element of trust which is as much a responsibility, as it is a privilege.