Which phase in the four D's of agency disclosure involves formalizing the disclosure?

The phase in the four D's of agency disclosure that involves formalizing the disclosure is C. Document. In this phase, the focus is on putting the disclosure in writing, ensuring that all parties involved have a clear, formal understanding of the agency relationship. This documentation serves as an important legal record that confirms what has been disclosed about the agency relationship, including the obligations and duties associated with it.

By formally documenting the agency disclosure, real estate professionals provide clarity and protection for all involved. This written record not only helps to avoid potential misunderstandings or disputes in the future but also fulfills legal obligations mandated by real estate laws and regulations. This step is crucial as it serves as a reference point for both the agent and the client, solidifying the relationship and expectations between them.

The other phases focus on different aspects of the agency relationship. "Decide" pertains to the initial decision-making process regarding the type of agency relationship to establish, "Disclose" involves verbally informing the client about the nature of the relationship, and "Do" relates to the actual execution of the responsibilities and actions required once the agency relationship is in place. Documenting is what transforms those discussions and decisions into a legally enforceable format.