Wisconsin Real Estate Sales Practice Exam 2025 – Complete Prep Guide

A broker is required to provide the agency disclosure at the time of the agency agreement. This is crucial because the agency agreement outlines the relationship between the broker and the client, making it essential for both parties to understand their rights and obligations from the start. The agency disclosure form informs the client whether the broker is representing the seller, buyer, or both, and outlines the duties the broker owes to the client under Wisconsin law.

Providing the disclosure at this point ensures that the client is fully informed about the nature of the broker's role and how it affects their interests in the transaction. This early clarity helps prevent misunderstandings down the line and supports ethical practices within the real estate process.

While some might think that providing the agency disclosure during the first meeting would suffice, it is specifically required at the time of entering into an agency agreement to ensure that the client has all the necessary information before formally engaging the broker's services. Additionally, delaying this disclosure until the listing or after the sale could lead to a lack of transparency and potential conflicts, underscoring the importance of timely and clear communication in real estate transactions.