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NAR urged to push licensee-in-the-loop AI laws for real estate
HousingWire says autonomous agentic AI systems could replicate licensed real estate work, raising fiduciary and consumer protection risks without enforcement and accountability.
HousingWire argues that low cost agentic AI tools are being built to replicate regulated real estate work, creating consumer protection and fiduciary risks if unlicensed systems handle transactions without accountability.
The article says real estate associations, including the National Association of Realtors, should shift from monitoring and education toward enforceable public policy, specifically licensee-in-the-loop requirements that keep licensed professionals accountable.
HousingWire also calls for penalties for autonomous platforms that perform regulated activities without a licensed professional, arguing that real estate transactions involve legal contracts and fiduciary duties that probability based models cannot shoulder alone.
The piece references real estate’s concern about AI deployment across industries, pointing to examples such as SixPercent.ai, which it says demonstrates how AI agents could manage entire transactions.