Which of the following describes fiduciary responsibilities of a real estate agent?

Fiduciary responsibilities refer to the obligations a real estate agent has towards their client, characterized by a relationship of trust and confidence. The correct choice highlights the full scope of these responsibilities, which are essential for maintaining the integrity of the agent-client relationship.

Loyalty ensures that the agent puts the client's interests above their own, which is crucial in building trust. Obedience requires the agent to follow the lawful instructions of the client. Disclosure involves informing the client of any material facts that might affect their decisions, while confidentiality protects the client's personal and confidential information. Accounting entails the agent maintaining accurate records of all funds and transactions, ensuring transparency and ethical handling of money. Finally, reasonable care signifies that the agent must perform their duties to a standard of competence, using their expertise to act in the best interest of the client.

This comprehensive understanding of fiduciary duties ensures that clients receive a high standard of service and support during real estate transactions, reinforcing the importance of ethical practices in the industry. Other options do not adequately reflect these duties; for instance, maximizing their own commission contradicts the core principle of loyalty, and providing advice without legal obligations does not align with the professional expectations of an agent.