What is required by Hawaii law regarding agency disclosure?

In Hawaii, agency disclosure is a crucial aspect of real estate transactions. The law mandates that real estate agents disclose their agency relationships to all parties involved in a transaction. This requirement is grounded in the principles of transparency and ethical conduct, ensuring that buyers and sellers are aware of whom the agent represents. This aids in preventing conflicts of interest and establishes trust.

The law necessitates that agents provide written disclosure regarding their agency relationships, which includes whether they represent the buyer, the seller, or both in a dual agency scenario. This is not limited to dual agency situations, nor is it solely the responsibility of listings brokers; all real estate professionals must adhere to this requirement. Therefore, it's important for agents to follow these legal guidelines to protect both their clients and themselves while maintaining professional standards in the real estate industry.