When should an IABS notice be given?

When should an IABS notice be given?

• A. After the listing is signed.
• B. First substantive conversation about a property.
• C. At the closing.
• D. Before any marketing.

Answer: (B)

The main idea is to disclose who represents whom and what services are offered as early as possible in the interaction with a potential client. The IABS notice should be given at the first substantive conversation about a property or about brokerage services. This moment is when duties and agency relationships become relevant, so providing the notice then ensures transparency before you discuss showings, offers, or terms. Why this timing fits best: giving the IABS during that initial meaningful talk protects the client by making agency status clear from the start, avoiding confusion later in the process. Waiting until after a listing is signed or at closing would deprive the prospective client of important information about representation when it really matters. In short, present the IABS at the first substantive discussion about a property or the broker’s services.

The main idea is to disclose who represents whom and what services are offered as early as possible in the interaction with a potential client. The IABS notice should be given at the first substantive conversation about a property or about brokerage services. This moment is when duties and agency relationships become relevant, so providing the notice then ensures transparency before you discuss showings, offers, or terms.

Why this timing fits best: giving the IABS during that initial meaningful talk protects the client by making agency status clear from the start, avoiding confusion later in the process. Waiting until after a listing is signed or at closing would deprive the prospective client of important information about representation when it really matters.

In short, present the IABS at the first substantive discussion about a property or the broker’s services.