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Updated about 5 years ago,
Fiduciary responsibility when wholesaling
I have someone who is a family friend who has had their father pass away.
They want to get rid of his condo ASAP. They don’t want the trouble.
I am an agent (but a newer one) and can list the place but they would also be willing to take potentially as low as 50% fair market value in cash.
If I put it under contract then sell it myself as a wholesaler would do, am I violating my responsibility to them as an agent?