Which statement is true regarding the relationships between real estate brokers, agents, and clients?

The statement that brokers are responsible for the actions of their agents is true and reflects the foundational structure of real estate practices. In the real estate industry, brokers act as overseers for agents who work under their license. This includes managing their activities and ensuring they adhere to legal and ethical standards. If an agent improperly represents a client or violates any laws or regulations, the broker can be held liable for those actions.

This responsibility is crucial, as it holds brokers accountable for the professional conduct of their agents, ultimately protecting clients and ensuring integrity within real estate transactions. Such oversight emphasizes the importance of proper training and supervision of agents by their brokers.

The other options do not accurately represent the relationships within real estate. For example, agents operate under the supervision of brokers, not independently, and clients typically pay brokers, who then compensate the agents through commission arrangements. Additionally, brokers do indeed have a fiduciary duty to their clients, which requires them to act in the best interests of those clients throughout the transaction process.