In the first step of the process, your Realtor will present you with a mandatory licensee - consumer disclosure. This is not a contract. Rather, it is a form that explains the type of relationship you and your realtor have. Because you are the buyer, your realtor will be working as a buyer’s agent. What that means will be spelled out on the form. It is not mandatory for you to sign this paper. It is mandatory for the realtor to present it to you and explain your relationship.