What must a real estate agent disclose about their agency?

A real estate agent is required to disclose their agency relationship with the seller or buyer to ensure transparency and maintain trust in the working relationship. This disclosure informs the parties involved whether the agent represents the seller, the buyer, or both, which is crucial for understanding the nature of the agent's obligations and duties. It helps set appropriate expectations and clarifies the level of loyalty and confidentiality that can be anticipated from the agent.

While it is important for agents to make clients aware of other aspects such as commission structures, conflicts of interest, and specialization, the fundamental duty of disclosure in agency law centers on the relationship the agent has with the parties involved in a transaction. By confirming the agency relationship, clients can make informed decisions regarding their interactions with the agent and the services being provided.