BrokerageIndustry News

Idaho considers minimum-service real estate bill

Justice Dept. notified about proposed legislation
Published on Jan 4, 2006

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by CareyBot

The Idaho Real Estate Commission is considering a legislative proposal that would set a new level of required services for real estate brokers and could expose the state to an antitrust lawsuit.

The draft legislation, if approved, would require all real estate brokerages in the state to prepare, receive and present and write all written offers and counteroffers for their customers, and to answer customers' questions relating to offers and counteroffers received or presented in the transaction.

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