What is the primary obligation of a real estate broker acting as the agent of the seller?

The primary obligation of a real estate broker acting as the agent of the seller is to render faithful service to the seller. This duty encompasses a fiduciary responsibility, meaning that the broker must act in the best interests of the seller throughout the real estate transaction. This includes maintaining confidentiality, providing advice, and diligently advocating for the seller's interests, ensuring that all actions taken align with the seller's objectives and goals.

The core tenet of fiduciary duty emphasizes loyalty and obedience to the client, reflecting the trust placed in the broker by the seller. Rendering faithful service also implies that the broker will communicate openly with the seller, keeping them informed about offers, market conditions, and other relevant aspects that may aid in the decision-making process.

In contrast, other options pertain to specific actions or responsibilities that may not be the principal duty of a broker. For instance, disclosing the seller's minimum selling price is not typically within the broker's obligations, as that information is often confidential and is determined by the seller. Similarly, deciding which offers to present to the seller, while important, ultimately follows the responsibility of providing faithful service, as the broker must present all viable options to ensure the seller can make informed decisions. Accepting offers on behalf of the seller