HB4964 - 104th General Assembly (2025-2026)

REAL ESTATE LICENSEE-DUTIES
Last Action
2/06/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Lilian Jiménez
Statutes Amended In Order of Appearance
225 ILCS 454/15-15  
Synopsis As Introduced
Amends the Real Estate License Act of 2000. Requires a licensee representing a seller of residential real estate to share information on the property with any licensees representing prospective buyers, respond to inquiries from any licensees representing prospective buyers, make the property available for showing to prospective buyers, and, within one calendar day of the start date of any brokerage agreement authorizing the licensee to sell the client's property, publicly advertise or market the listed property for sale on an Internet platform or website accessible to the public and any real estate licensees representing prospective buyers unless the seller completes and signs a disclosure and opt-out form prescribed by the Department of Financial and Professional Regulation. Effective immediately.
Actions
DateChamberAction
2/04/2026HouseFiled with the Clerk by Rep. Lilian Jiménez
2/06/2026HouseFirst Reading
2/06/2026HouseReferred to Rules Committee