Which of the following is considered a fiduciary duty in real estate transactions?

In real estate transactions, fiduciary duty refers to the obligation of a real estate agent to act in the best interest of their client. This responsibility includes providing honest opinions about the property, market conditions, and related transactions. The agent must be truthful and transparent, ensuring that the client is well-informed to make decisions that are beneficial for them.

By delivering honest opinions, a real estate professional upholds their ethical responsibilities and fosters trust in the agent-client relationship. This is essential for maintaining professionalism and integrity in the industry, which can ultimately lead to positive outcomes for the client. In contrast, reducing transaction costs, maximizing personal gain, or ignoring conflicts of interest are not aligned with fiduciary responsibilities and could lead to a breach of trust or unethical behavior.