Agency at Kale Realty

May 7, 2025
2 min read

Updated: Jul 28, 2025

Agency at Kale Realty

At Kale Realty, transparency and full compliance with Illinois license law are essential. This Agency Disclosure Policy outlines the expectations and requirements for properly disclosing agency relationships with clients and customers.

📅 When and How to Disclose

Illinois law requires agency disclosures at the first reasonable opportunity, before showings or any substantive conversations.

✅ Use the "Notice of No Agency Relationship" form for unrepresented parties.

If you're a Seller's Agent:

Disclose orally and in writing once a prospective buyer begins sharing personal or financial information.

If you're a Buyer's Agent:

Disclose to the seller before the first showing.

⚠️ Applies only when the other party is unrepresented.

🤝 Dual Agency Rules

Illinois law requires:

Consent to Dual Agency must be signed by both parties before acting as a dual agent.
Confirmation of Consent must be initialed in the purchase contract.

❌ Dual Agency is Prohibited at Kale Realty if you're:

Representing immediate family
Representing yourself
Representing close friends
Representing long-term clients (2+ transactions)
Representing any relative by blood or marriage not in immediate family

💡 You can still earn both sides of commission by using No Agency status or making a referral. ✉️ Referral fees must be disclosed in writing to all parties.

📄 Contemporaneous Offers

Kale Realty allows but discourages contemporaneous offers.

If you proceed:

🔔 Inform both buyers immediately.
🧾 Disclose what you can and cannot do in this situation.

🔐 Confidentiality is Critical

Agents must not disclose:

The lowest price a seller is willing to accept
The highest price a buyer is willing to pay
Buyer or seller motivation
Previous offers or counteroffers

🚫 Do not use terms like “Motivated Seller” unless the client has explicitly authorized it in writing.

Internal Confidentiality Procedures:

Do not discuss confidential client info with other agents.
Listing and pending sale files are restricted to authorized staff and assigned agents.

🏠 When You’re the Buyer or Seller

Agents acting as principals must:

Include "IL Licensed Real Estate Agent" after their name in all contracts.
Label all non-Kale Realty signs as "Agent Owned".
Write "Agent Owned" in the MLS remarks section.

All agent transactions (MLS or off-market) must:

Be submitted via Dotloop
Comply with license law, MRED rules, and company policies.
Pay the transaction fee even without a commission.

🚫 Off-market listings must not use Kale Realty branding and must clearly state "Agent Owned" in all marketing.

📚 Training & Resources

📝 Be sure to review:

Buyer Agency Do’s and Don’ts
Disclosed Dual Agency Do’s and Don’ts

Questions? Reach out to your Managing Broker anytime.