HB382 Summary

• Amends Alabama real estate law to clarify when written brokerage agreements are required, establish team operation guidelines, and update duties of qualifying brokers and licensees.

• Requires licensees to provide written disclosure forms describing alternative brokerage services (single agent, dual agent, transaction facilitator) prior to showing property, except for certain corporate entities.

• Establishes that a written brokerage agreement is required before listing property for sale or submitting offers on behalf of customers/clients for compensation.

• Creates new Section 34-27-39 to regulate real estate teams, requiring team leaders to be designated with qualifying brokers, limiting team members to one team per person, and mandating team advertisements include at least one member name, company name, and the term "team" or "group."

• Increases penalty fines for certain violations to $100-$5,000, establishes procedures for handling declined payment methods, and clarifies that licensees may use any office of their licensed company; effective October 1, 2025.