The Difference Between Reasonable and Fiduciary Care
As a real estate professional, my role is not just to help you navigate the buying or selling process, but also to ensure you receive the highest standard of care and attention throughout the journey. While terms like "reasonable care" and "fiduciary care" may sound similar, they are essential concepts that define my responsibilities to you as a client. Let's explore these terms to better understand how they impact the service you receive. Reasonable Care: Competence and Diligence Reasonable care refers to the standard duty of competence and diligence that any professional owes to their client. It means performing services with the skill, knowledge, and attention expected of a reasonably qualified professional in the same field. In real estate, this includes activities like: Accurately completing paperwork and contracts Providing timely updates on market conditions Advising on pricing strategies based on market data Ensuring deadlines and legal r...