What is a requirement in the written agreement between the broker and the client?

The requirement in the written agreement between the broker and the client focuses on ensuring both parties are aware of essential aspects of their relationship. This includes the terms of service, fees, commissions, and conflicts of interest. Such disclosures are critical for transparency and help establish trust between the client and the broker.

By outlining the fees and commissions, the client gains clarity on the financial implications of the broker's services. Additionally, addressing conflicts of interest is pivotal because it informs the client of any potential biases that may affect decision-making or advice provided by the broker. This level of transparency is mandated to safeguard the client's interests and ensure compliance with regulatory frameworks.

While exclusive selling rights, confidentiality clauses, and broker achievements may be relevant in specific contexts, they are not universally required elements in the client-broker agreement. This makes the inclusion of terms of service, fees, commissions, and conflicts of interest the correct choice for a requirement within the written agreement.