When a broker is designated to represent one party in a potential transaction, disclosure to the other party must occur at first physical contact and must be provided in which form and before performing brokerage services?

When a broker is designated to represent one party in a potential transaction, disclosure to the other party must occur at first physical contact and must be provided in which form and before performing brokerage services?

• A. Orally on the phone and in writing at first physical contact, before performing brokerage services
• B. In writing only, after a written contract is signed
• C. Orally only, at any time during the transaction
• D. In writing only, after the closing

Answer: (A)

Disclosure of representation must happen at first physical contact and must be provided in both oral form and written form before the broker performs any brokerage services. This ensures the other party understands who is representing whom and prevents surprises, promoting transparency and protecting all parties. If disclosure is delayed or provided in only one form, it could leave the other party uninformed or misled and may not meet the legal requirement.

Disclosure of representation must happen at first physical contact and must be provided in both oral form and written form before the broker performs any brokerage services. This ensures the other party understands who is representing whom and prevents surprises, promoting transparency and protecting all parties. If disclosure is delayed or provided in only one form, it could leave the other party uninformed or misled and may not meet the legal requirement.