What should a licensee provide when working with a buyer or seller?

When working with a buyer or seller, a licensee is required to provide the Information About Brokerage Services (IABS) brochure. This document outlines the types of representation that are available in real estate transactions, including the differences between buyer's agents, seller's agents, and intermediary representation. It ensures that clients are informed about the nature of the brokerage services being offered, which promotes transparency and helps clients make informed decisions regarding their real estate transactions.

Providing the IABS brochure is a critical obligation, as it helps establish the agency relationship and clarifies the role of the licensee. This requirement reflects the importance of disclosure in real estate practices and aligns with the guidelines set by the Texas Real Estate Commission (TREC). Other options, while they may be relevant in certain contexts, do not fulfill the specific regulatory requirement to furnish this essential informational document.