Relating to the license application form for real estate brokers and salespersons, and brokerage agreement requirements

Sponsored by the Senate State Government Committee, Sen. Mark S. Lofgren (R)

Topics:Housing & property Professional licensing

Same legislation: SF 15

Write your legislators about itWhat changed before it passed

Official bill page Lobbyist declarations One-pager to print

Where it is now

Done: IntroducedJanuary 13, 2025
Done: SubcommitteeJanuary 16, 2025
Done: Senate committeeFebruary 13, 2025
Done: Passes the SenateMarch 11, 202547–0
Done: House committeeMarch 31, 2025
Done: Passes the HouseMay 8, 202584–0
Done: To the GovernorMay 19, 2025
Done: Signed into lawMay 19, 2025

Signed into law What’s a funnel?

What’s in it

AI summary People applying for real estate licenses can now choose if their new license starts immediately or after their current one expires. Additionally, certain rules for written agreements will no longer apply to people visiting open houses, buyers of large apartment buildings, or properties that aren't meant for people to live in.¹

Read the official explanation

This bill relates to the license application form for real estate brokers and salespersons, and brokerage agreement requirements. Under the bill, an application form for a license must allow a person holding a real estate broker license who is applying for a real estate salesperson license, or vice versa, to indicate whether the license being applied for shall become effective upon approval of the application or upon the expiration of the applicant’s current license. Under the bill, brokerage agreement requirements under current law that apply to a buyer shall not apply to customers attending an open house, to a potential buyer of a property of more than four units, or to a property that is not intended for human inhabitance.

Full bill text · What changed before it passed²

House subcommittee

Named March 24, 2025. On March 27, 2025 it recommended passage.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§543B.16 §543B.56A

How the Code works³

Lobbying

3 for · 0 against · 4 undecided · Who →

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91st General Assembly

SF 15Renumbered SF 314Became lawfrom SF 15