

1,219,189
A claim by a buyer that he/she had unfair advantage taken by a wily agent would not go well. Disclosure of this detail is a way to avoid such a problem.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Jeff Dowler, CRS
Carlsbad, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Don Baker
Eatonton, GA
3,141,397
of course they are. As a licensee I'm required to disclose because I obviously have more knowledge about real estate than people NOT in real estate and the public needs to be aware of that.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Don Baker
Eatonton, GA
-
John Juarez
Fremont, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,465,513
In CA yes, mostly because it makes the property more valuable!!!
Can't speak for the other 49.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
-
Andrew Mooers | 207.53...
Houlton, ME
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Thomas J. Nelson, REAL...
La Jolla, CA
897,688
Yes, disclose. Even if the agent is buying or selling and using a different agent, if they hold a license, they need to disclose that.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Gary Frimann, CRS, GRI...
Gilroy, CA
405,756
It is license law in KY. You much disclose your status as a licensee. This includes any transactions in which you have some sort of financial interest.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,067,967
It's required when buying or selling and best to do it in writing. There used to be a disclosure form in the FR forms but I haven't needed one in years so not sure if it is still there.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Candice A. Donofrio
Fort Mohave, AZ
358,010
because it's the law. We have an unfair advantage over unlicensed people and we must make them aware of it.
1. if the licensee’s license is affiliated with a broker, the broker holding the licensee’s license has been notified in writing of the specific property to be advertised; 2. regardless of whether the licensee’s license is affiliated with a broker or on inactive status, any advertisement must include either (a) the legend “seller, buyer, landlord, tenant (select the appropriate name) holds a real estate license” or (b) the legend “Georgia Real Estate License # (insert licensee’s six digit number; for example, 000001).” “Georgia Real Estate License” may be abbreviated to “GA R. E. Lic.;” and 3. if the licensee’s license is affiliated with a broker, the broker gives written consent to advertising the specific property and the advertisement itself.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Kris Collis, Associate...
East Stroudsburg, PA
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
5,018,562
You must disclose in most states, whether personal or have a close personal relationship. Disclose or be prepared to take a punch in the nose in court.
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Kathleen Daniels, Prob...
San Jose, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
3,279,538
"... this Fact" ... if it is a fact, material or otherwise.
Disclose.
Disclose.
Disclose.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Kathleen Daniels, Prob...
San Jose, CA
1,014,864
Is this what you are asking?
Standard of Practice 3-7
When seeking information from another REALTOR® concerning property under a management or listing agreement, REALTORS® shall disclose their REALTOR® status and whether their interest is personal or on behalf of a client and, if on behalf of a client, their relationship with the client. (Amended 1/11)
and
• Standard of Practice 12-6 REALTORS®, when advertising unlisted real property for sale/lease in which they have an ownership interest, shall disclose their status as both owners/landlords and as REALTORS® or real estate licensees. (Amended 1/93)
Not all are Rs . . . we get this in CRE alllll the time, I can pretty much tell what an agent sounds like, though . . . 🔮
Tammy Lankford, says why. We have greater knowledge than consumers and need them to know we hold an advantage in that respect.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Gary Frimann, CRS, GRI...
Gilroy, CA
-
Carol Williams
Wenatchee, WA
2,751,140
Transparency is such a relaxing, honest environment that requires no effort.
-
Richie Alan Naggar
Riverside, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Buzz Mackintosh
Frederick, MD
5,001,845
Our MLS requires that we list it in MLS and many even insist on putting it in writing on our Contracts. Whether we do anything 'wrong' or not during the sale, the other party should be 'alerted' to the fact because we do have an unfair advantage in a transaction.
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Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
1,469,950
I believe it is to put the unlicensed party on notice as licensees are suppose to have superior knowledge and thus better bargaining power. To me, it's no big deal to simply disclose. I would encourage a client to disclose it even if they were a former licensee (I would do this to inform the agent on the other side, for better or worse!!).
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Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Nina Hollander, Broker
Charlotte, NC
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
1,819,540
They are in IL. Also you should not do dual agency. All paperwork signed has to say broker in the state of IL.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Gary Frimann, CRS, GRI...
Gilroy, CA
1,014,707
Yes, absolutely. Even if you're just related, disclose it.
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
604,930
Yes Maryland law require a licensed agent disclose when selling or purchasing a property even if they are being represented by another agent in the transaction.
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
4,971,936
Yes... we are considered to have an "unfair" advantage in terms of our knowledge compared with the public. That's the reason for the requirement. So, if you are an owner, a listing agent, a buyer, or have any financial interest, you must disclose that you are a real estate agent.
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Kathleen Daniels, Prob...
San Jose, CA
-
Wanda Kubat-Nerdin - W...
St. George, UT
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Buzz Mackintosh
Frederick, MD
2,324,011
Montana code 37-51-314, "Relationship disclosure requirements. (1) A broker or salesperson shall disclose the existence and nature of relevant agency or other relationships to the parties to a real estate transaction as provided in this section." and it goes on to provide all the times you need to disclose that you are indeed a real estate professional when working with a seller, a buyer, or as a dual agent. So the answer is yes. We put it in the actual listing - usually it's in the agent remarks section.
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Kathleen Daniels, Prob...
San Jose, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
2,202,457
Yes.
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Debe Maxwell, CRS
Charlotte, NC
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Buzz Mackintosh
Frederick, MD
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
6,184,807
Yes.
-
Debe Maxwell, CRS
Charlotte, NC
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Buzz Mackintosh
Frederick, MD
-
Peter Mohylsky, Beach ...
Miramar Beach, FL
188,282
Another reason that it is a law in many state is because you know more about real estate but it also interferes with agency relationships.
If the agent is transactional (which is the default in Florida), then the buyer can tell the agent something like, "I am offering $300k, but if I have to I'll go up to $325." The buyer can expect that the agent will make the $300 offer, but keep the rest confidential unless and until it is needed.
But if you tell the agent that same statement, not realizing that the agent is the seller, then it causes problems.
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Debe Maxwell, CRS
Charlotte, NC
-
Buzz Mackintosh
Frederick, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Gary Frimann, CRS, GRI...
Gilroy, CA
2,975,109
Yes. A Realtor must disclose their interest as professionals in a transaction and to the public to avoid misunderstandings. Also to fellow agents.
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
1,479,742
In California we are required to disclose this, as a buyer or seller, even if our license is inactive. I disclosed it even when mine was expired and I was well into my IT career.
The thought on this is that a licensee would know more than the average person and may have an unfair advantage. In order to avoid that possibility disclosure is required.
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Wanda Kubat-Nerdin - W...
St. George, UT
-
Debe Maxwell, CRS
Charlotte, NC
741,164
Here in California we are required to disclose any involvement we have in our listings or when presenting a offer. The reason is to let the public be aware that we have more experience in real estate then they do.
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Wanda Kubat-Nerdin - W...
St. George, UT
2,658,063
Hi, Peter.
I am CEO of a corporation that is selling a property. That property is not in my State of Florida, it is not deeded in my own name, it is listed with a local brokerage. But I will still DISCLOSE in writing, and have all parties sign/acknowledge that "CEO Frederick Griffin is a Licensed Florida Real Estate Broker".
The answer from John Juarez gives my reason.
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Wanda Kubat-Nerdin - W...
St. George, UT
227,314