Agency
Which of the following is a fiduciary duty owed by a California listing broker to the seller?
APresenting only offers above the listing price
BLoyalty — placing the seller's interests above the broker's own interests✓ Correct
CAdvising the seller on personal financial decisions unrelated to the transaction
DGuaranteeing the property will sell within the listing period
Explanation
A listing broker owes the seller fiduciary duties including loyalty, confidentiality, disclosure, obedience, reasonable care, and accounting (LCDOCA). Loyalty requires the broker to act in the seller's best interest, not the broker's own or the buyer's.
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