"The Mandate: The proposed bill, SB 6091, would require any residential property marketed to a limited or exclusive group of buyers or brokers to also be marketed to the general public simultaneously. "Concurrent" Requirement: Unlike some industry rules that allow a short grace period, this bill requires "concurrent" public marketing. If a broker markets a home privately at all, they must immediately make it available to the public and all other licensees. Platform Neutrality: The bill does not mandate that homes be listed on a Multiple Listing Service (MLS)."
"Public marketing can be satisfied by posting the listing on a brokerage's own public website or other accessible internet platforms. Legal Standing: The legislation proposes defining private listings without concurrent public marketing as an "unfair practice" under real estate licensing laws and Washington's Law Against Discrimination. Safety Exemptions: A narrow carve-out exists for cases where public marketing would "unreasonably endanger the health or safety of the owner or occupant," such as for domestic violence survivors or high-profile individuals."
SB 6091 mandates that any residential property marketed to a limited or exclusive group of buyers or brokers must be simultaneously marketed to the general public. The bill’s 'concurrent' requirement eliminates short grace periods and requires immediate public availability if any private marketing occurs. Public marketing may occur on a brokerage’s public website, an MLS, or other internet platforms. The measure would define private listings without concurrent public marketing as an unfair practice under licensing laws and the state Law Against Discrimination. A narrow safety exemption covers cases where public marketing would unreasonably endanger occupants. The proposal has bipartisan sponsors and mixed industry support.
Read at Boston Condos For Sale Ford Realty
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