Brokerage disclosure to buyer tenant relationship - VanEd 2025

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It is a resource to provide to a consumer when asked about the different brokerage relationships. It also provides assurance that the relationships have been explained to the consumer.
In every real estate sales transaction, a broker working directly with a prospective buyer as a sellers agent or subagent shall disclose in writing to the prospective buyer at the first substantial contact with the prospective buyer that the broker represents the interests of the seller.
Upon initial contact with any other licensee involved in the same prospective transaction, licensees must immediately disclose their role in the transaction, including any agency relationship, to the other licensee.
A licensee in a residential sales transaction must give a brokerage relationship notice to potential buyers before the showing of property.
The brokerage disclosure form outlines each agents role in the transaction. While the brokerage disclosure document is a form and not a contract, each is geared to the brokerages role in the transaction (sellers broker, buyers broker, etc.), and each states agreement is slightly different.
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REALTORS must disclose their brokerage relationship in several situations: Upon first contact, to sellers of unlisted property, if the REALTOR is acting as the buyers agent. Upon first contact, to sellers agents or brokers, if the REALTOR is acting as the buyers agent.
A listing broker must disclose their brokerage relationship with the seller to an unrepresented buyer before showing them a house to ensure transparency and protect both parties interests. This disclosure is essential to prevent any misunderstandings about whom the broker legally represents in the transaction.

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