When must a licensee provide written disclosure to both buyer and seller regarding the party for whom they are acting as an agent?

The correct answer is the moment any party first makes an offer. In Georgia, real estate licensees are required to provide written disclosure of their agency relationships to both the buyer and the seller at the time an offer is made. This ensures that all parties involved understand who the licensee represents and what their obligations are.

This requirement is crucial because it upholds transparency and helps prevent any conflicts of interest. By disclosing the agency relationship when an offer is made, licensees create a foundation of trust and clarity, allowing all parties to make informed decisions throughout the transaction.

The other options do not align with this legal requirement. For instance, disclosing the relationship only when parties are shown the property or on the closing date does not provide adequate notice about representation during key decision-making moments in the negotiation process. Furthermore, waiting until 10 days after the acceptance of an offer delays critical information that can affect the transaction dynamics. Therefore, understanding that the disclosure must occur at the time of the first offer is essential for compliance with Georgia real estate laws.