NE LB187

Requires written buyer agency agreements for residential properties with 1-4 dwelling units before or while a broker engages in brokerage activities; makes written agreements optional for other property types

Reduces salesperson license education requirements from two courses and 60 class hours to three courses and 90 class hours total, with commission authority to specify mandatory subject matter

Expands the definition of acting as a real estate licensee to include publicly marketing equitable interests in purchase contracts (excluding vacant lots), requiring a license for such activities

Extends validity of postlicensure education completion certificates from immediate use to four years from date of completion for any license application

Operative dates: agency agreement and some provisions effective July 1, 2025; licensing education changes effective January 1, 2026; other sections effective immediately as emergency legislation (approved March 11, 2025)