To whom is a real estate professional's higher duty owed, in order?

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Multiple Choice

To whom is a real estate professional's higher duty owed, in order?

Explanation:
The highest duty is to the public. Real estate professionals must protect the public interest first, guiding their conduct, disclosures, and adherence to laws and ethical standards. Within that framework, they owe fiduciary duties to their client—loyalty, confidentiality, and acting in the client’s best interests. The customer is owed fair dealing and honesty, but not the same level of fiduciary obligation. The board is the regulator setting the rules, not a party in the duty hierarchy. So the order is public first, then the client.

The highest duty is to the public. Real estate professionals must protect the public interest first, guiding their conduct, disclosures, and adherence to laws and ethical standards. Within that framework, they owe fiduciary duties to their client—loyalty, confidentiality, and acting in the client’s best interests. The customer is owed fair dealing and honesty, but not the same level of fiduciary obligation. The board is the regulator setting the rules, not a party in the duty hierarchy. So the order is public first, then the client.

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