SB212 Summary

• Amends Alabama real estate licensing law to clarify when written brokerage agreements are required and when real estate consumer agency disclosure forms must be provided to consumers.

• Establishes that licensees acting as transaction facilitators do not require a signed brokerage agreement to show property, but written agreements are required before listing property or submitting offers on behalf of clients for compensation.

• Creates new provisions for real estate teams, including requirements that team members must be designated with a qualifying broker, teams cannot require separate licensure, and team advertisements must include at least one team member name, the licensed company name, and the word "team" or "group."

• Increases fines for certain violations from $100-$2,500 to $100-$5,000 and adds procedures for handling declined payment methods, giving licensees 30 days to resubmit payment before license becomes inactive.

• Allows licensees to use any office of the company under which they are licensed and clarifies duties of qualifying brokers and licensees regarding client representation, confidentiality, and disclosure requirements.

• Effective October 1, 2025.