Final answer:
A buyer's agent showing an FSBO property needs to negotiate any commission with the owner, must provide all necessary disclosures to the buyer, and follow all legal and ethical obligations throughout the transaction process.
Step-by-step explanation:
A buyer's agent, arranging to show a For Sale By Owner (FSBO) property, has certain obligations that must be followed in order to ensure a professional and ethical transaction. Contrary to the options provided, a buyer's agent may still be entitled to a commission if an agreement is made with the FSBO owner, although it is not automatic and must be negotiated.
Furthermore, the idea that a buyer's agent does not have to worry about disclosure is incorrect. In fact, the buyer's agent must adhere to strict disclosure requirements, which often includes disclosing all material facts that could affect the buyer's decision to purchase, not just the fact that they are a licensed agent. This is to ensure that the buyer is fully informed about the property they are considering. Lastly, while using an approved Brokerage Disclosure to Seller (FSBO) form may be a best practice in some areas or required by law in others, it is not the only duty of the buyer's agent. The responsibilities of a buyer's agent extend towards ensuring that their client's best interests are represented throughout the buying process, including negotiation, due diligence, and compliance with legal and ethical standards.