In what way does a broker fulfill their duty to promote the interests of the buyer?

A broker fulfills their duty to promote the interests of the buyer by accounting for all money and property received that involves the buyer. This responsibility is fundamental to the broker-client relationship, as it ensures transparency and trust. By providing a clear and accurate accounting of funds and property, the broker actively protects the buyer's financial interests, helping them to feel secure in their transactions and ensuring that all dealings are ethical and compliant with legal standards.

Accounting also includes managing deposits, earnest money, and any other financial aspects related to the buyer's transaction. This diligence not only promotes the buyer's interests but also helps in avoiding potential disputes regarding finances, thereby fostering a positive and professional relationship between the broker and the buyer.

Other options, such as communicating frequently with the seller or negotiating prices, while relevant to a broker's responsibilities, do not directly ensure that the buyer's interests are being prioritized. Additionally, providing legal assistance is outside the broker's role, as they typically do not offer legal services unless specifically licensed to do so. Thus, proper accounting stands out as the most direct fulfillment of the broker's duty to the buyer.