When should a licensee who has established an agency relationship provide notice of that relationship to any party?

A licensee who has established an agency relationship is required to provide notice of that relationship at the earliest reasonable opportunity to all parties involved. This practice is important because it ensures transparency and helps to build trust between the licensee and the clients. By notifying the parties early on, the licensee clarifies their role and responsibilities, which can significantly influence how the transaction is conducted and how the parties interact.

Providing timely notice also helps to avoid misunderstandings or potential conflicts that can arise later in the transaction. It establishes clear expectations from the outset, which is crucial in real estate dealings where interests can be diverse and sometimes conflicting. Early communication about the agency relationship allows all parties to understand who is representing whom, enabling better decision-making as the transaction progresses.