I first ask if they are working with a Realtor?
If the answer is No, then I explain briefly Buyer Agency as I don't want to interfere with an Agency Relationship.
I have the Michigan Disclosure on my web site,
When we meet I go over that first and tell them it is State Law to disclose the different ways they can be represented in Michigan.
Also, I send them a PDF copy of our state's agency disclosure brochure once we start any kind of discussion about real estate. The law in South Carolina says that we must explain agency at first substantive contact - if they are anonymous, that's not substantive contact.
Jed, I don't think the agent2agent forum is meant to develop agency relationships between agents. I think its more to show consumers what type person they are dealing with.
As to Disclosing agency relationships at an Open House, I go over the Agency Disclosure and Buyers Agency, for those without an agent, at the door.
I feel it's like talking at an open house and I don't need to disclose agency unitl at the latest when we start to write something. I have to admit that agents here are just starting to use buyers agency contracts.
For those that do not know what Agency Disclosue entails, I've attached the Michigan version below.