As Bodhi's agent, what is your fiduciary duty of loyalty to him?

The fiduciary duty of loyalty is a foundational principle in agency relationships, emphasizing that an agent must prioritize their client's interests above all else. In this case, as Bodhi’s agent, your primary responsibility is to act in his best interest first, which is why the answer is appropriate.

This duty of loyalty means that you cannot place your own interests or those of your brokerage above those of your client. It encompasses the obligation to provide unbiased advice, to disclose any conflicts of interest, and to refrain from taking advantage of the client in any way. By placing Bodhi's interests first, you ensure that you adhere to ethical guidelines and legal standards expected in real estate transactions.

Other choices incorrectly suggest that loyalty can be divided by placing other interests—whether your own or your brokerage's—above Bodhi's interests, which is not aligned with the core principle of fiduciary duty. A true fiduciary relationship demands unwavering loyalty to the principal, which in this case is Bodhi.