TX SB1970

Requires licensed real estate brokers or sales agents to share property information and respond to inquiries from agents representing prospective buyers

Mandates that listing agents publicly advertise or market listed properties within one business day of the listing contract start date on platforms broadly accessible to the public and other agents

Allows sellers to waive the public advertising requirement through a written waiver using a form adopted by the Texas Real Estate Commission

The waiver form must disclose potential consequences of not publicly marketing, including reduced buyer awareness, fewer purchase offers, and potentially less favorable sale terms

Takes effect September 1, 2025