AL SB154

Requires licensees to provide consumers a written disclosure form describing available brokerage services before showing property, which must include general information on how the licensee is compensated.

Allows consumers to optionally enter into a written brokerage agreement after disclosure, but prohibits requiring a written agreement as a prerequisite to viewing a property.

Mandates written brokerage agreements only when a licensee will list a property for sale or submit an offer on behalf of a consumer, and any agreement must specify compensation terms.

Requires referral agreements between real estate licensees to be in writing.

Becomes effective 30 days after enactment.