Final answer:
A tenant representative should disclose their agency relationship to the owner agent to maintain transparency and avoid conflicts of interest in real estate transactions.
Step-by-step explanation:
In the context of real estate, a tenant representative is a person who represents and assists the tenant in finding a rental property. An owner agent, on the other hand, represents the owner of the property.
When a tenant representative is working with an owner agent, it is important for the representative to disclose their agency relationship to the owner agent. This means that the tenant representative should inform the owner agent that they are representing the tenant's interests and not the owner's interests.
This disclosure is essential to ensure transparency and to avoid any conflict of interest. By informing the owner agent of their agency relationship, the tenant representative can establish clear boundaries and expectations. This disclosure helps to maintain the integrity of the agency relationship between the tenant representative and the tenant, while also promoting open and honest communication with the owner agent.