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What is a Brokerage Disclosure to Buyer
Dated: June 12 2024
Views: 1529
What is a Brokerage Disclosure to Buyer?
You have probably all heard of this disclosure form while looking at properties to purchase, but what is it?
A Brokerage Disclosure to Buyer is a disclosure required by the State of Colorado that defines the working relationship between you and a broker. There are three types of representation in Colorado: Transaction Broker, Buyer's Agent, and a customer. The default relationship is a Transaction Broker. You should be aware that in Colorado, all brokers are required to disclose their relationships before any confidential information is conveyed by you.
Link to DORA's( (Department of Regulatory Agencies) Brokerage Disclosure to Buyer form (current as of June, 12th 2024) : Click Here
*This is not an image of the whole disclosure.*
So if you see a broker or agent send you this disclosure, do not worry, any broker or agent you talk to should present and explain this disclosure upon first contact.
Let me know if you have any questions!
Kessy Dalton
Associate Broker - EXIT Realty Home & Ranch
505-258-6039
KessyDaltonREALTOR@Gmail.com
Kessy Dalton
My name is Kessy Dalton and I am an Associate Broker with EXIT Realty Home & Ranch located in Durango, CO. I serve the Southwest Colorado region (including Bayfield, Pagosa Springs, Mancos, ....
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