SF 2324: Relating to the designation of real estate teams and the display of real estate licenses, and including applicability provisions

What it does

This bill relates to the designation of real estate teams and the display of real estate licenses. The bill defines “real estate team” to mean a group of two or more licensees working together under the same real estate broker and representing themselves as a team. The bill provides that if a licensee or real estate team is assigned to the same broker, the licensee or team shall display the name of the brokerage immediately following the name of the licensee or team in advertising materials or other publicly available information. The bill applies to displays of advertising or information by an individual licensee or real estate team on or after December 31, 2022.

House subcommittee · named March 2, 2022

• Rep. Mike Sexton (R)
• Rep. Monica Kurth (D) · monica.kurth@legis.iowa.gov
• Rep. Carter F. Nordman (R) · carter.nordman@legis.iowa.gov

Lobbying · 1 for, 0 against

For: Iowa Association of Realtors

In plain words

1. February 17, 2022Filed in the Senate
2. February 17, 2022Approved by the Senate committee
3. February 22, 2022Passed the Senate, 48–0
4. February 23, 2022Arrived in the House
5. March 2, 2022House subcommittee named: Sexton, Kurth and Nordman
6. March 8, 2022Subcommittee recommended passing it with changes
7. March 16, 2022Approved by the House committee
8. March 29, 2022Passed the House, 95–0
9. April 18, 2022Passed the Senate, 49–0
10. May 2, 2022Sent to the Governor
11. May 2, 2022Signed into law