What should a real estate agent do when representing a couple, one of whom is related to the agent?

What should a real estate agent do when representing a couple, one of whom is related to the agent?

• A. Disclose the relationship to both parties
• B. Keep the relationship confidential
• C. Advise them to seek another agent
• D. Only disclose if asked

Answer: (A)

When representing a couple in a real estate transaction, if one of the individuals is related to the agent, the best practice is to disclose this relationship to both parties. Transparency is crucial in maintaining trust and integrity in professional relationships. By informing all parties involved of the familial connection, the agent helps to avoid any potential conflicts of interest or perceptions of bias. Moreover, full disclosure is often a requirement of real estate regulations and ethical guidelines, which are designed to protect clients and promote fair dealings. This practice ensures that the couple can make informed decisions when proceeding with the transaction, as they are aware of the agent's personal connection to one of them. Open communication also fosters a more honest and harmonious working relationship between the agent and the clients.

When representing a couple in a real estate transaction, if one of the individuals is related to the agent, the best practice is to disclose this relationship to both parties. Transparency is crucial in maintaining trust and integrity in professional relationships. By informing all parties involved of the familial connection, the agent helps to avoid any potential conflicts of interest or perceptions of bias.

Moreover, full disclosure is often a requirement of real estate regulations and ethical guidelines, which are designed to protect clients and promote fair dealings. This practice ensures that the couple can make informed decisions when proceeding with the transaction, as they are aware of the agent's personal connection to one of them. Open communication also fosters a more honest and harmonious working relationship between the agent and the clients.