Agency
Under Texas law, an agent's duty of loyalty means the agent must:
AAlways get the highest price possible regardless of client instructions
BPut the client's interests above the agent's own interests✓ Correct
CDisclose all offers to the client even after the property is under contract
DRepresent only one client per transaction
Explanation
The duty of loyalty requires an agent to place the client's interests above the agent's own personal interests and above the interests of any other party. This is a core fiduciary duty owed by a Texas real estate agent to their principal.
Related Texas Agency Questions
- In Texas, an agent who earns a commission while failing to disclose a material fact about the property may be required to:
- A Texas real estate agent discovers a material defect in a property they are listing. They must:
- In Texas, the Information About Brokerage Services (IABS) notice must be provided:
- When a Texas agent acts as an intermediary and appoints an associated license holder to work with the buyer, that appointed associate may:
- A Texas buyer's representation agreement is BEST described as:
- A Texas buyer's representative agreement creates an exclusive agency relationship. This means:
- A Texas listing broker's agent shows a property to an unrepresented buyer. The agent should inform the buyer that:
- A Texas listing agent who receives compensation from the buyer's agent's brokerage (cooperative commission) owes their primary fiduciary duties to:
Practice More Texas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Texas Quiz →