There are important matters that real estate agent take into account; since The real estate brokerage profession is based on a set of rights and obligations, as the profession is founded on reconciliation between the parties, integrity, good faith, and compliance with the laws and regulations governing it, thereby safeguarding the rights and contractual relationships between the parties involved.
Among the obligations of a real estate broker are, for example, maintaining the confidentiality of information to which they have access in the course of their work, and adhering to neutrality, independence, and integrity. Consequently, a real estate broker’s success depends on their respect for the principles and regulations of brokerage, as well as professional standards.
The real estate broker is also obligated not to engage in any conduct that exceeds legal boundaries with clients; thus, they are not authorized to make commitments or receive payments from the parties unless authorized to do so under a valid power of attorney or by law.
They must take care of and preserve all documents and records, and ensure the accuracy of the data they handle. Furthermore, they must not exploit clients" ignorance of regulations or market conditions to achieve unlawful gains or impose unlawful conditions. Indeed, it is the duty of the real estate broker to deal with all parties in good faith and to strive to reconcile their perspectives in a manner that serves the legitimate interests of each party, without infringing upon the rights of any of them
Preserving the profession’s reputation is the duty of every real estate broker, and it is also their duty to refrain from any action that could harm other brokers, compete through unlawful means, or disseminate false or misleading information about them.
Cooperation with supervisory and regulatory authorities, providing the data or documents requested in accordance with the regulations, and enabling them to perform their supervisory duties within their jurisdiction. As for the rights of real estate brokers, they enjoy a range of rights, including but not limited to the following: Real estate brokers are entitled to receive the agreed-upon commission for their services, and they are also entitled to request and review all deeds and official documents proving the client’s ownership of the property and its legal compliance.
They have the right to protect their professional reputation and standing and to have defamation criminalized; furthermore, the law prohibits clients or competitors from publishing any insults, false reviews, or false accusations that undermine the agent’s integrity or honesty via social media or real estate platforms. The agent has the right to pursue legal action by filing a lawsuit before the competent courts (in accordance with the Cybercrime Law) against any party that intentionally defames his commercial or professional reputation, and to claim financial compensation for the material and moral damages inflicted on his business.
Protection of Digital Identity and Intellectual Property to Prevent Identity Theft: The broker has the right to protect the name of his business, his trade name, and his ”FAL” license number from exploitation or impersonation by intruders into the profession. Rights to Advertising Materials: Photos, videos, and virtual tours produced by the real estate agent for the property are considered his intellectual property. He has the right to prevent others (whether other agents or even property owners in some cases) from using them for other transactions without written permission.
