Final answer:
Loyalty, confidentiality, and full disclosure are the fiduciary duties owed by a broker to a buyer after signing an exclusive buyer representation agreement.
Step-by-step explanation:
The fiduciary duties owed by a broker to a buyer after signing an exclusive buyer representation agreement include loyalty, confidentiality, and full disclosure. The duty of full disclosure requires the broker to inform the buyer of all material facts that could affect the buyer's decisions. Loyalty demands that the broker puts the buyer's interests above their own, and confidentiality ensures that the broker will not reveal any of the buyer's personal or financial information without consent.
Loyalty means that the broker must prioritize the buyer's interests above their own and act in good faith. Confidentiality requires the broker to keep any sensitive information shared by the buyer confidential unless authorized to disclose it. Full disclosure mandates that the broker provide all material facts regarding the property and any relevant information that may impact the buyer's decision-making process.