When should an agency disclosure form be presented to potential buyers during an open house?

The correct answer is that the agency disclosure form should be presented when discussing the property details. This timing aligns with the purpose of the form, which is to inform potential buyers about the relationship between the licensee and the parties involved in the transaction. By presenting the agency disclosure during a discussion about the property, the agent can clarify their role, responsibilities, and any potential conflicts of interest that may arise.

Providing this information while discussing the property helps ensure that buyers understand who the agent represents in the transaction, fostering transparency and facilitating informed decision-making. The disclosure is critical at this moment since it lays the groundwork for trust and open communication about the property and its features, which are being explored during the conversation.

Presenting the form before discussing the property can create confusion about the context for the disclosure, while waiting until after discussions may lead to a compliance issue, especially if a buyer decides to proceed swiftly with an offer. Therefore, integrating the agency disclosure form into the dialogue about the property ensures compliance with legal requirements and promotes a clear understanding between the agent and the buyer.