Duty of Reasonable Skill and Care
3.01: A NAEBA member will prepare themselves through education and study to competently represent a Buyer-Client and shall not undertake specialized services for which they are not qualified.
3.02: A NAEBA member will protect a Buyer-Client from foreseeable risks and will recommend that a Buyer-Client obtain expert advice when their needs are outside the scope of the NAEBA member’s expertise.
3.03: A NAEBA member shall be accountable for his/her actions and should document all substantive events which occur during the Exclusive Buyer Agency relationship.
3.04: A NAEBA member, for the protection of all parties, shall assure whenever possible that the buyer agency agreement is in writing expressing the specific terms, conditions, obligations and commitments of the parties.