Till today the keyword in the real estate industry is "sell" rather than "represent". Usually the brokers and agents in India appear to have an undeclared mission that reflects "salesmanship" rather than "representation" of Buyer or Seller. A "Salesperson" should be more properly identified as a "Broker Associate" or "Broker Affiliate" to identify the responsibility more properly inherent in this role.

A real estate agent should be continuously aware of his fiduciary responsibility to his client. "Fiduciary" simply means handling funds on behalf of another. Associated with it is the trust of the client which is as much a responsibility, as it is a privilege. Real estate spawns the most judicial proceedings than any other industry. If more agents would faithfully execute their fiduciary responsibility to their clients it would help to reduce litigation significantly.
Read more
Reply
0 Replies
Sort by :Filter by :
No replies found for this discussion.