Which of the following would NOT qualify as a fiduciary duty in an agency relationship?

In an agency relationship, fiduciary duties are fundamental responsibilities that a real estate agent or broker has towards their client, typically centered on trust and ethical conduct. These duties include full disclosure, confidentiality, and loyalty, all of which are designed to protect the interests of the client and ensure that the agent acts in good faith.

The option that states "personal gain at the client’s expense" is the only one that does not align with the principles of fiduciary duty. In fact, acting for personal gain at the expense of the client directly contradicts the very essence of what it means to be a fiduciary. A fiduciary is obligated to act in the best interests of their client, which includes placing the client's needs and interests above their own. This fundamental principle ensures that agents provide their clients with the necessary loyalty, confidentiality, and transparency required in a professional relationship.

As such, while the other options represent essential fiduciary duties that agents are expected to uphold, seeking personal gain at the client's expense is contrary to these ethical obligations.