Protecting Your Confidential Information: What Every Homebuyer Should Know!
How can a REALTOR® use a client's confidential information?
- Only with the client's consent
- Only when required by law
Answer:
A REALTOR® can use a client's confidential information only with the client's consent or when required by law.
When it comes to protecting your confidential information as a homebuyer, it's important to understand how REALTORS® are required to handle your sensitive data. Under Standard of Practice 1-9 of the Code of Ethics, a REALTOR® is only allowed to use your confidential information with your consent or when it is necessary by law.
This means that your REALTOR® cannot disclose any personal information about you without your permission unless they are legally obligated to do so. Your privacy and confidentiality are top priorities when working with a REALTOR®, and they are committed to upholding ethical standards to protect your interests.
So, rest assured that when you work with a professional REALTOR®, your confidential information will be safeguarded unless you explicitly authorize its use or legal requirements dictate otherwise. Always feel free to discuss any concerns about confidentiality with your REALTOR® to ensure a transparent and secure transaction process.