What can occur if an agent breaches their fiduciary duties?

When an agent breaches their fiduciary duties, it can lead to legal liability and loss of commission because fiduciary duties require an agent to act in the best interests of their clients, maintain loyalty, and ensure confidentiality, among other responsibilities. If an agent fails to uphold these duties, they may face various legal consequences, including claims for damages from the client, which can arise from actions such as a failure to disclose material information or conflicts of interest. Additionally, breaching these duties can result in the loss of earned commissions, as clients may seek to terminate their relationship with the agent or refuse to pay for services rendered due to the breach. This underscores the importance of maintaining ethical standards and adhering to fiduciary responsibilities in agency relationships.