Question 78

Informed Consent to Dual Agency must be secured before showing a company listing to a buyer client.

Securing Informed Consent to Dual Agency is essential at the outset of a relationship involving dual agency, particularly before showing properties to the buyer client.

A) Before the buyer makes an offer and the seller accepts.

This option is incorrect because while it is important to have consent prior to making an offer, the necessary step of obtaining Informed Consent occurs even earlier in the process, specifically before any property viewings take place.

B) Before showing a company listing to a buyer client.

This option is correct as it reflects the requirement for obtaining Informed Consent to Dual Agency before any interaction with the property occurs. This ensures that the buyer is fully informed about the dual agency arrangement prior to viewing listings.

C) In the contract of sale.

This option is incorrect because the Informed Consent to Dual Agency must be established prior to entering into a contract of sale. Consent at this point may be too late to ensure that the buyer is adequately informed before engaging with the property.

D) At the time of closing.

This option is incorrect since obtaining Informed Consent at closing would not provide the buyer with the necessary information before they engage with the property. Consent should be secured much earlier in the process.

Conclusion

The correct answer is option B, as it emphasizes the critical timing of securing Informed Consent to Dual Agency before showing any listings to the buyer client. Other options fail to recognize the necessity of early disclosure and consent, which are essential for maintaining transparency and trust in the dual agency relationship.