What is the primary focus of the fiduciary relationship between an agent and their principal?

The primary focus of the fiduciary relationship between an agent and their principal is the principal's best interests. In a fiduciary relationship, the agent holds a position of trust and is legally and ethically bound to act on behalf of their principal, prioritizing their needs and goals above their own. This relationship is fundamental in real estate transactions, where the agent must provide loyalty, confidentiality, and full disclosure to their principal.

An agent's actions should always align with the principal's objectives, whether that involves negotiating the best possible price for a property or ensuring that the principal's interests are adequately represented in all dealings. This duty of care reinforces the ethical and professional standards that govern real estate practices, ensuring that the agent acts in a manner that fosters trust and promotes the principal's welfare.

Other aspects, such as maximizing the sale price or following market trends, can be part of the agent's responsibilities, but these are typically means to an end rather than the core focus of the fiduciary duty. The agent’s personal gain should not interfere with the obligation to act in the principal's best interest; in a properly functioning fiduciary relationship, the agent’s motivation should align with helping the principal achieve their desired outcomes.