Who ultimately makes the final decision in property negotiations?

The principal ultimately makes the final decision in property negotiations, based on the advice provided by the agent. In an agency relationship, the agent acts on behalf of the principal, providing expertise, guidance, and recommendations to facilitate the negotiation process. However, the authority to make final decisions rests with the principal, who must consider the agent's counsel but is not obligated to follow it. This principle underscores the fiduciary relationship, where the agent serves the best interests of the principal, ensuring that the principal is well-informed to make decisions that align with their objectives, interests, and financial considerations.

In this context, while agents can advise and present information or strategies, it is crucial that the principal retains the decision-making power to ensure their wishes and objectives are fulfilled during negotiations.