When Can a Realtor Reveal Confidential Information?

Explanation:

Confidentiality in Real Estate

Confidentiality is a crucial aspect of the real estate profession. Realtors are entrusted with sensitive information by their clients, and it is imperative that this information remains confidential to protect the interests of their clients.

Under What Circumstances Can Confidential Information Be Revealed?

According to the NAR code of ethics, a Realtor can disclose confidential information in the following situations:

1. When Required by Law: If there is a legal obligation to disclose certain information, such as in response to a court order or subpoena, a Realtor must comply with the law regardless of the confidentiality agreement with the client.

2. When the Client Requests It: If the client explicitly requests the Realtor to share confidential information with a third party, the Realtor may do so with the client's consent.

3. Never for Financial Benefit: It is crucial to note that a Realtor should never disclose confidential information solely for their own financial gain. Maintaining confidentiality is a fundamental principle of the real estate profession and helps build trust with clients.

By adhering to these guidelines, Realtors can uphold the trust and integrity of their profession while protecting the sensitive information provided by their clients.