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Senate panel advances SB 212 to revise real-estate rules on dual agency, contract terms and team listings
Summary
SB 212, advanced by the committee, clarifies dual-agent terminology, limits residential listing contracts to one year, provides administrative reconciliation for incorrect payments, and defines team listings under a single broker; one senator urged broader stakeholder engagement before finalizing.
The Senate committee advanced SB 212, a bill that updates multiple aspects of Alabama real-estate law, including definitions of dual agency, limits on the term of residential listing contracts, administrative handling of bad checks or incorrect payments, and recognition of team listings under a single supervising broker.
Senator Karnley, sponsor of SB 212, told the committee the bill “makes changes to current law, for real estate,” and summarized provisions that would allow a party to reconcile a bad payment without a hearing, clarify the definition of a dual agent, cap a residential listing contract at one year and define teams that operate under a single broker and must list that broker.
Senator Smitherman said he would vote to advance the bill but raised concerns that the bill’s drafting appeared to reflect only part of the industry and urged the sponsor to engage additional state real-estate organizations. He said, “get your house in order, and then communicate to everybody who's those other organizations as well,” and asked for assurances the sponsor would sit down with other appropriate parties before moving the measure further.
Senator Karnley and other committee members committed to follow-up engagement with stakeholders. After discussion, the committee gave SB 212 a favorable report using previous-roll procedures with no recorded objection in the transcript.
