PSI Virginia Real Estate Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Sellers must receive the disclosure paperwork from the listing agent prior to signing a listing agreement to ensure they are fully informed about the implications of the transaction and any material facts that could affect their decision to list the property. Disclosure documents typically include important information about agency relationships, property conditions, potential issues, and legal obligations.

Providing this paperwork upfront is essential as it fosters transparency and helps protect both the seller's and agent's interests. It allows the sellers to better understand their rights and responsibilities in the real estate transaction. The disclosure ensures that sellers are aware of their obligations regarding disclosing known property defects to potential buyers, which is fundamental to maintaining ethical standards in real estate practices. The other options, while potentially useful, do not hold the same legal and ethical weight in the initial stages of the listing agreement.