Loading chat...

WI AB456

Bill

Status

Passed

12/10/2025

Primary Sponsor

Scott Krug

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Listing firms must advertise residential properties (1-4 units) on public internet platforms within one business day of signing an agency agreement, unless the owner signs a disclosure and opt-out form acknowledging reduced market exposure and potential negative impacts on sale price

  • Real estate firms are prohibited from accepting compensation from other firms for brokerage services on residential transactions (1-4 units), though referral fees and finder's fees remain permitted

  • If a seller agrees to pay compensation to a buyer's agent (non-listing firm), the agreement must be expressly stated in the executed offer to purchase and signed by both buyer and seller

  • Licensees must disclose when property advertising has been altered using technology, including artificial intelligence, to add, remove, or change elements that create a false or misleading impression

  • Takes effect January 1, 2027; the board must develop a consumer brochure explaining public marketing benefits and the implications of opting out of marketing requirements

Legislative Description

Changes regarding the laws governing real estate practice. (FE)

Last Action

Published 12-10-2025

12/10/2025

Committee Referrals

Insurance, Housing, Rural Issues and Forestry10/8/2025
Housing and Real Estate9/26/2025

Full Bill Text

No bill text available