What defines the fiduciary relationship between a property agent and a client?

The fiduciary relationship between a property agent and a client is fundamentally built on trust and the agent's responsibility to prioritize the client's best interests. This relationship obligates the agent to act with loyalty, honesty, and full disclosure, ensuring that any action taken aligns with what is most beneficial for the client.

When a client engages a property agent, they are placing their trust in the agent’s expertise and judgment, which is a cornerstone of the fiduciary duty. This trust enables the agent to make decisions on behalf of the client, but always with the understanding that the client’s needs and interests come first.

The other options reflect misinterpretations of this fiduciary duty. Acting independently of a client, requiring consent for every minor action, or prioritizing the agent's own interests—even with client agreement—does not align with the principles of fiduciary duty. These principles highlight the essential nature of loyalty and advocacy the agent must exhibit toward their client.