What must a buyer's subagent disclose at the time negotiation commences?

In real estate transactions, transparency and disclosure are paramount to ensure that all parties involved have a clear understanding of who is representing them. When negotiations begin, the buyer's subagent must disclose their identity to the other parties in the transaction. This is crucial as it provides an understanding of who is advocating for the buyer, as well as establishes the relationship dynamics.

When buyers are represented by a subagent, this representative acts on behalf of the buyer but may also interact with the seller and their agents. By disclosing their identity at the outset, the buyer's subagent helps to promote transparency, ensuring that all parties are aware of who is negotiating on behalf of the buyer. This fosters trust and helps to facilitate communication throughout the negotiation process.

The nature of real estate transactions requires that all agents involved are properly identified to avoid any potential conflicts of interest and to adhere to ethical standards within the industry. By clarifying who the buyer’s representative is from the onset, it sets the stage for a more efficient and professional negotiation environment.