In an effort to enable real estate consumers of real estate services to make informed decisions about the business relationships they may have with real estate brokers and salespersons (licensees), the real estate licensing and registration act (RELRA) requires that consumers be provided with this notice at the initial interview. You will be shown this notice at the first substantial discussion about real estate. This is not a contract. Read it in its entirety. It describes the various agency relationships one may have when working with a broker/agent. It goes on to describe seller agency, buyer agency, dual agency, designated agency and transactional licensee. Today, a broker/licensee must represent a seller or buyer in some capacity and this informational notice will describe the duties they owe to you upon representation.
Click here to view the Consumer Notice.