Leo engaged Raveen, a real estate agent, to sell his house and lot for him. Without disclosing the fact to Leo, Raveen arranged for his brother-in-law to offer to purchase the house at a relatively low price, because he knew Leo was anxious to sell the property. After the transaction closed, Leo discovered the true facts. The relationship between Leo and Raveen is basically one of utmost good faith.

Question

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As a real estate agent, Raveen owed Leo a fiduciary duty, which includes obligations of loyalty, good faith, and full disclosure. By not disclosing his personal connection to the buyer and potentially not securing the best price for Leo, Raveen breached this duty.

Leo Engaged Raveen, a Real Estate Agent, to Sell His