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Agents under restricted licenses should face standardized customer notice

HousingWire argues regulators should require a brief, standardized disclosure tied to the official order when a restriction is active, delivered at signing.

Reported · Written up by our desk · Industry

HousingWire says consumers already receive extensive real estate disclosures, but they are not routinely told when an agent or broker is operating under a license restriction.

The outlet proposes a short, standardized notice for cases with active restrictions, delivered at signing and tied to the official order, arguing it would inform buyers without turning disclosure into extra punishment.

HousingWire notes that real estate disclosure rules already cover material property and transaction issues, such as lead-based paint, mold, natural hazards, airport noise, and details about agency representation.

The commentary also frames the change as part of the industry focus on informed consent, where buyers and sellers are told about who represents them and how dual agency must be spelled out, including in listing paperwork.

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