Who must real estate agents disclose their duties to?

Real estate agents are required to disclose their duties to both the client and the customer. This is essential in the real estate transaction process to ensure that all parties involved understand the role of the agent and the obligations they have in the context of representing their interests.

The client typically refers to the person or entity that has entered into a formal agreement with the agent, providing them with authority to act on their behalf, whereas the customer is someone who may be interested in the services of the agent but has not established that formal relationship. By informing both parties about their duties, agents foster transparency and trust, which are vital to professional relationships in real estate.

This duty of disclosure to both the client and the customer helps to outline the nature of the services being provided and clarifies any potential conflicts of interest, ensuring that all parties are aware of whom the agent represents. This practice aligns with ethical standards and legal requirements in the field of real estate.