What should the consumer understand about Agency Disclosure?

Disclosure Regarding Real Estate Relationships

When you enter into a discussion with a real estate agent regarding a real estate transaction, you should understand from the outset what type of agency relationship or representation you wish to have with the agent in the transaction. This disclosure is required by California Civil Code. Within California, this disclosure is frequently accomplished by using California Association of REALTORS® Form AD-11.

The content of the disclosure is specified by California Civil Code and therefore can be displayed. Read the content of the agency disclosure (PDF). The actual form is copyrighted material. Creekside Realty West is able to forward a copy of this form to potential clients by email upon request. Request Form AD-11.

If you want to know more, read these relevant excerpts from the California Civil Code.

Disclosure and Consent for Representing More Than One Buyer or Seller

Although not a required by California Civil Code, you should decide up front if you want your real estate broker:

1. Representing more than one Buyer with similar requirements; or
2. Representing multiple Sellers with similar properties.

Remember, this is not just the individual agent you are working with but ALL the agents working for the same broker. This greatly increases the likelihood of this conflict, especially in a hot seller’s market with multiple buyers making offers on most properties. Some real estate firms have only one broker for many offices. A major advantage of working with an independent brokerage such as Creekside Realty West is that you, the consumer, can minimize or eliminate this conflict of interest.

Because this form is not specified by California Civil Code and because the form is copyrighted by the California Association of REALTORS®, we are prohibited from publishing the form here. However, Creekside Realty West can send this form to potential clients by email upon request. Request Form DA-11.

California and National Association of REALTORS®

Visit the California Association of REALTORS® for more information.

Visit the National Association of REALTORS® for more information on Code of Ethics and Professional Standards.