Realtors propose rules for flat-fee brokerage

Wisconsin task force recommends written disclosures in limited-service deals

A Wisconsin real estate task force wants to clarify the responsibilities of limited-service brokerage models while preserving their right to exist.

The Wisconsin Realtors Association License Law Task Force, which has met for the past three years, this month issued a set of recommendations that focus on three key areas: fill in the gaps in license law; address agency issues of concern to licensees and consumers; and minimize unnecessary complexity. The association will push for changes to real estate licensing law that support the task force’s recommendations.