Agency Disclosure Form – If the licensee acts as a designated agent for the buyer, the licensee must disclose to the buyer, in writing, the nature of the agency relationship. This disclosure can be included in a brokerage agreement or written on a separate document. While there is no standardized disclosure form, the Disclosure of Designated Agency has been permitted for use by Illinois REALTORS®.^[1]

Real estate agents serving as a dual agent for both the buyer and seller may only do so by first obtaining the informed written consent of each party.^[2]