A buyer is seeking exclusive representation from a real estate broker in the purchase of a home. Which of the following statements is true?
1. The broker is required to give the Information About Brokerage Services (IABS) form to the prospective buyer at the time of the first substantive dialogue with the party, about a specific property, even if the contact is my email
2. The broker is required to give the Information About Broker Services (IABS) form to the prospective buyer at the first face to face meeting at an open house
3. The broker is only required to give the Information About Broker Services (IABS) form to a prospective buyer at the first face to face meeting at an open house
4. The Information About Broker Services (IABS) form is required to be given to both the buyer and the seller, after the listing and buyer representation agreements are signed, but prior to the signing of the sales contract between the parties to the transaction