Avoid placing yourself in a conflict of interest
A conflict of interest is, essentially, any situation where your own interests may be competing with or opposing the interests of the client you are representing. A conflict of interest appears especially when you wish to sell or acquire a property for yourself or a relative while representing the other party to the transaction. Remember that you must always avoid placing yourself in such a situation to protect the public.

WHAT TO DO TO GET THINGS RIGHT?
- Put your clients’ interests before your own
- Refrain from acting as a client's mandatary and broker
- Refrain from presenting a relative's promise to purchase to a selling client to whom you are bound by a brokerage contract
- Delegate the sale of his or her own property to a colleague
- Provide a list comprising at least two names to your clients if you choose to refer them to a professional (for example a notary, land surveyor or building inspector)
- Act ethically in situations where conflict of interest appears and, if in doubt, speak to your agency executive officer

TO GO FURTHER

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- Reference number
- 208278
- Last update
- November 25, 2020