When must the seller's agent disclose their agency status to a prospective buyer?

The correct answer highlights that the seller's agent must disclose their agency status before engaging in discussions about the prospect's property needs. This is crucial because agency disclosure helps ensure that the prospective buyer understands the seller's agent is representing the interests of the seller, not the buyer. The transparency of agency relationships fosters trust and allows buyers to make informed decisions as they navigate the purchasing process.

Disclosing agency status is essential before delving into specific conversations about property needs, as this sets the context for any subsequent interactions or negotiations. Knowing the agent's role provides the buyer with essential information—they can better assess the advice and information being provided, knowing that the agent is obligated to act in the best interests of the seller.

In contrast, the other options may seem relevant but do not align with the protocol of disclosure. For instance, discussing price without prior disclosure does not clarify the representation dynamics, and engaging in a property tour without clarifying the agency status could mislead the buyer regarding who the agent is advocating for. Therefore, understanding the correct timing for disclosure is vital in real estate transactions.