Maria, a licensee with 'Best Homes Realty' in Kelowna, receives an inquiry from a potential buyer, David, about a listing she has. David asks Maria if she can represent him in his purchase of the property. Maria has already signed a representation agreement with the seller for this property. What must Maria do before entering into any discussions about buyer representation with David, according to BCFSA Rules?

Question: Maria, a licensee with 'Best Homes Realty' in Kelowna, receives an inquiry from a potential buyer, David, about a listing she has. David asks Maria if she can represent him in his purchase of the property. Maria has already signed a representation agreement with the seller for this property. What must Maria do before entering into any discussions about buyer representation with David, according to BCFSA Rules?

Answer options:

• Inform David that she cannot represent him due to her existing agreement with the seller. ✅ Complete and present the 'Disclosure of Representation in Trading Services' form to David, identifying herself as the seller's agent.
• Obtain written consent from the seller to represent both parties in a limited dual agency capacity.
• Advise David to find another licensee to represent his interests.

Correct answer: Complete and present the 'Disclosure of Representation in Trading Services' form to David, identifying herself as the seller's agent.

Explanation: Real Estate Services Rule 5-10(2) requires a licensee to make a 'Disclosure of Representation in Trading Services' to an unrepresented party at the first reasonable opportunity, disclosing the licensee's active representation of another party to the transaction.