What is a required action when representing a seller?

Completing a seller's disclosure with a hold harmless clause is a necessary action when representing a seller because it ensures that the seller is transparent about the condition of the property and any known issues that may affect its value or desirability. A seller's disclosure serves to inform potential buyers of critical information, such as past repairs, structural issues, and any other relevant details that could influence a buyer’s decision. Incorporating a hold harmless clause provides additional protection for the seller, as it can shield them from liability in the event that undisclosed issues arise after the transaction is complete. This practice aligns with the principles of fair dealing and helps facilitate a smoother transaction process by setting clear expectations between the seller and potential buyers.

Maintaining confidentiality, although important in real estate transactions, is not the primary required action in this context as it relates more to the general duty owed to clients. Informing all buyers of the property's history may also be a good practice, but has to be balanced against the seller's rights to privacy and potential withholding of non-material information. Negotiating on behalf of both parties is typically outside the role of a seller's representative, as the focus must remain on advocating for the seller's best interests.