What role should Felicity clarify in her buyer-broker agreements?

In the context of buyer-broker agreements, it is essential for Felicity to clarify her role as an agent. This designation carries specific responsibilities and legal implications under real estate law. As an agent, her primary duty is to represent the interests of her clients—the buyers—in negotiations and transactions involving real estate.

Clarifying her role as an agent ensures that both Felicity and her clients understand the nature of their relationship. This includes duties such as providing fiduciary responsibility, which involves loyalty, confidentiality, and full disclosure of pertinent information. Establishing this role helps set clear expectations and fosters trust in the agent-client relationship, which is vital for successful transactions.

While roles such as accountant, attorney, or tax advisor may be relevant in other contexts, they do not pertain to the specific duties and obligations that Felicity must fulfill as an agent within a buyer-broker agreement. Those roles are typically handled by professionals with specialized training and qualifications in finance, law, and taxation, respectively. Therefore, focusing on her role as an agent is crucial for effective representation in real estate dealings.