What are some red flags to watch out for when it comes to conflicts of interest?

I want to ensure I'm always acting in my client's best interest.

Great question, John. One red flag is when you have a personal or financial relationship with the seller. It's crucial to disclose any such relationships upfront to your client.

Another thing to watch for is dual agency situations where you represent both the buyer and the seller. Always be transparent and ensure both parties are fully aware of your role and any potential conflicts.

Excellent points. Remember, transparency is key. If you're ever in doubt, consult with your broker or seek legal advice to ensure you're compliant with ethical standards."