Under Virginia law, what is an agent's responsibility once they sign an agency disclosure?

An agent's responsibility after signing an agency disclosure is fundamentally about maintaining a clear and transparent communication channel with their client. In this context, keeping the seller informed of all offers received is crucial for several reasons. It enables the seller to make informed decisions regarding their property listing and ensures that they understand the current market interest. This duty aligns with the principle of fiduciary responsibility that agents have towards their clients, as it ensures the seller is well-informed and can respond appropriately to potential buyers.

The other options reflect misunderstandings about an agent's role in the transaction. Stopping all communication with the seller would contradict the primary intention of the agency relationship, which is to support the seller's goals. Communicating solely with the buyer neglects the agent's duty to keep their client informed, violating their responsibility. Documenting interactions with third parties is important, but it is not the primary obligation outlined by the agency disclosure; it is a practice that could support the agent's duties rather than define them. Thus, the correct answer underlines the agent's essential role in fostering communication with the seller throughout the selling process.