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Rainer
97,766
Carol Wilson
Your $imple Home - Toronto, ON

Hi Ethan,

I'll let you in on something, because the responses here are not typical for ActiveRain, and you are taking the brunt of a lot of frustration.  It isn't fair to you and it isn't your fault.  But here is what is going on.

There is a real estate teacher (or possibly more than one) who sends a new class onto ActiveRain every month or so, with the same questions every time.  The very SAME.  After years of this, with gentle humour and some hints, this teacher or group of teachers is refusing to get the message and continues to do it.  We are feeling used.  You will have noticed that only one person so far has "answered" your question, and it was not really very enlightening.  (Sorry Debbie Reynolds, hope you don't mind.)

The thing is, your teacher should be asking you to dig further than this site.  It would be better if your classmates all got together and voted ONE QUESTION that one person would ask on behalf of the class.  And next class can ask ONE QUESTION.  (Although, I haven't asked anyone else if they would answer even ONE question well!)

Or not.  They have all been asked before...forty times!  We are just plain tired of it. Perhaps you'll print out my message and take it to your teacher.  It would be different if there was some give and take to this, but it's all one way and my read of this is that the ActiveRainers are in rebellion.  It's not going to work any longer.  I think you might get better results from Mr. Google or your local library.  Or maybe take a realtor out to lunch and get his or her perspective.  Two or three years ago, these questions would get 25-30 answers, with some really thoughtful ones included.  Now you just have five, and they aren't very civil.  See the difference?

I'll say it again:  Ethan, this does not tie in to you personally.  You do deserve good answers.  However, you will have to work for them, elsewhere.  The ActiveRain handouts to people are over and done.

Bob Stewart, this message of mine makes a very valid point...yet at the same time, it truly is worthwhile to invest in new agents and growing a well-educated profession.  Can you please create an area of Q & As for new agents, where our answers can be vetted (just to weed out the frivolous ones) and (maybe) those that get upvotes don't get removed, but stay around for other students to go and read?  I think many of us would spend the time (once again) to give good answers if they weren't going to be lost after a year, and this might solve the problem of new batches of questions every month.  What do you think?

Feb 23, 2017 07:43 PM
Rainmaker
4,362,208
Richard Weeks
Dallas, TX
REALTOR®, Broker

Just remember OLD CAR

Obedience

Loyalty

Disclosure

Confidentiality

Account

Reasonable Care

Feb 24, 2017 05:26 AM
Rainmaker
1,559,728
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Will anyone will explain my what are the benefits for a student posting these questions(+ the trouble of creating an AR profile)? Do you guys get educational points from a teacher or something? 

Also, who receives all your invite points? 

Feb 23, 2017 05:27 PM
Rainmaker
4,505,696
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Really? Not for nothing as they used to say in Brooklyn, to me this question represents the heights of laziness. You have a textbook and you have an instructor. I cannot believe you can't get that answer for yourself. Now if you would ask a specific and relevant question relating to fiduciaru duties, that's a whole other matter. And please don't ask which one is most important. That one has been asked and answered dozens and dozens of times.

Feb 24, 2017 05:28 AM
Ambassador
4,570,339
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I believe I would fire my instructor - you should have learned this in class, Ethan!

Feb 23, 2017 08:22 PM
Ambassador
2,609,588
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  In Utah?

Feb 23, 2017 05:32 PM
Rainmaker
1,431,861
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

You can google this or look it up in you book

Feb 24, 2017 10:39 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

This should be spelled out in your state's agency disclosure.

Feb 24, 2017 06:26 AM
Rainmaker
7,052,178
Roy Kelley
Retired - Gaithersburg, MD

Follow the rules in your state.

Feb 24, 2017 06:19 AM
Rainmaker
2,166,250
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Thank you Carol Wilson 

Feb 24, 2017 05:01 AM
Rainmaker
3,071,034
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Carol Wilson nailed this one!

Feb 24, 2017 03:47 AM
Ambassador
5,763,754
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Your duty to your client.

All the best with your studies Ethan!

Bob

Feb 23, 2017 10:04 PM
Rainmaker
1,361,645
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Honesty, Ethics and Prioritizing your clients' needs.

Feb 23, 2017 07:32 PM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The duties and responsibilities the agent owes the client in an agency relationship.

Feb 23, 2017 05:27 PM
Ambassador
3,162,866
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I am with Carol Wilson - these repeated questions are old and tired.  I wish you all the best in your endeavors. 

Feb 24, 2017 04:22 PM
Rainer
2,620
Ethan Fadely
Prima managment - Santaquin, UT
Agent working in a community in santaquin

Just wanted to thank everyone who took time to answer my question honestly. For the rest of you that i want you to know the school im taking my class with is just trying to encourge their student to learn on there own and to learn in different ways other then just the school platform. i thought it would be fun to learn from the professionals in the real estate comunity. i just picked a random question and wanted to know what different perspective anyone else in the world might have. Please remeber this for next time when someone asks a question like this. Things arent always how they seem. 

Feb 24, 2017 03:34 PM
Rainmaker
5,768,176
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Ethan,

I think you have gotten a great education in this forum.  A

Feb 24, 2017 03:11 PM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Ditto Richard Weeks and Debbie Reynolds.

Feb 24, 2017 09:19 AM
Rainmaker
2,692,834
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Duties of the highest personal order and welfare of the client

Feb 24, 2017 08:22 AM
Rainer
352,876
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

There should be another school that teaches you in Utah.  I've never heard of any other school in any other state doing this.  Suggest to your school to connect with a real estate brokerage in Utah and have a panel of agents there that you can ask these questions.  I've trained agents, taught pre-licensing in CA and I would never think of anyone going to an outside source to ask questions.  All states and localities are very different and this can actually train you incorrectly.  I think it would take more of your valuable time trying to figure out what the right answer by asking agents who are not in your state.  My opinion is this is a terrible use of your time as well as ours. 

Feb 24, 2017 07:12 AM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

They are legion.

Feb 24, 2017 07:07 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Ethan Fadely The duties of a real estate agent has to their client when they form an agency relationship.

Feb 24, 2017 05:51 AM
Rainmaker
5,580,934
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Ditto to what Richard Weeks shared....easy way to learn it...

Feb 24, 2017 05:49 AM
Rainmaker
1,673,215
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Fiduciary Duty opposite of license to steal

Feb 24, 2017 05:43 AM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Others have given you good advice.

Feb 24, 2017 04:04 AM
Ambassador
4,316,415
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Ethan Fadely - in a simple one sentence: Keep the best interest of your client.

Feb 23, 2017 10:14 PM
Ambassador
4,747,971
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's the duties and responsibilities you owe to your client. It might be defined somewhat differently depending on how each state defines the agency relationship

Feb 23, 2017 09:32 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Duties you owe your clients

Feb 23, 2017 08:35 PM
Rainmaker
2,055,099
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Important

Feb 23, 2017 07:12 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

It depends on the jurisdiction you are in.

Feb 23, 2017 06:37 PM