You may suffer the penalties which could include loss of your license, fines and jail.

It increases your liability with the potential for lawsuits and a range of penalties. Contracts might also fall apart.

What Roy Kelley said.  If you always put the best interest of the client first, you will never have a problem.

stacey wuyts We may have to visit you on Sunday's.

It's like dividing by zero.  The world comes to an end.  Oh and you may open yourself up for legal actions.

Thats one big can of whup-ass just waiting for someone to pop the tab!

Nothing good!

Trouble erupts!

Exactly what Roy Kelley said.

You get thrown into jail, don't go down that road!

You have the chance of getting sued!

stacey wuyts Legal and financial liabilities.

Jeff Dowler answered your question..can't say it any better!

Then the agent has not acted in the clients' best interest and has let them down and can be sued.

In Texas that would be a violation of our state real estate, and of the law of agency.  You could be reprimanded, fined, loss of license, or a combination of these 3.

It is legal responsibility and shouldn't be taken lightly. I would think a client could sue you and certainly fire you.

I would never put myself in a situation to find out. I know that nothing good could ever come from not fulfilling fiduciary responsibilities.

Roy Kelley has many years of experience and much wisdom...he has given a very good answer!

Nothing Good happens when an agent fails to serve their client. 

the penalties can be stiff....

You might get sued !!!

The agent runs the risk of failing their agency obligations to best represent their client. This can lead to sale fails, issues connected with inspections, and potential lawsuits. The agent can be held accountable for this failure - and run the risk of sanctions with their state agency as well as code of ethics violations if they are a Realtor.

You could lose your license, you could be fined, and depending on the severity of the situation you could land in real estate jail.

I totally agree with Carol Williams - follow the letter of the law and you'll always be just fine...well, unless you have a whackadoodle client and we've all had a few of those!!

Civil suit.

Possible criminal charges, depending upon the infraction.

Disciplinary action from the Real Estate Commission.

You need to look at your state laws.  Some jurisdictions have changed the laws to eliminate the concept of fiduciary responsibility and replaced it with other standards.  Whatever the law is, it never hurts to keep the old fiduciary obligations in mind.  If you break whatever the laws are in your state, you could wind up in real estate deep doo doo.  

stacey wuyts - violation of code of ethics may lead to litigation.

Legal obligation-that is most important. Did you deliver the agreement? Did they get the home or sold?

Some people take advantage of the opportunities when people feel they are not getting their money worth. Granted RE is a biggest investment. People often expect more than they are entitled. This is when an agent needs to draw the line.

I hope to never find out.

Will just keep focusing on the positive and take my example from the good agents.

Roy Kelley nailed this one!

You open yourself up to complaints with your state real estate commission, and take the chance of getting sued. 

Transaction might fall apart, lawsuits, fines, de-licensed and it will ruin your reputation. 

Clients first...

Just follow the rules

The question is too broad to answer.