The proposed bill, titled the "Access to Fair and Transparent Real Estate Listings Act," aims to amend section 475.278 of the Florida Statutes regarding authorized brokerage relationships and required disclosures. It revises the duties of transaction brokers and single agents, enhancing the responsibilities of real estate licensees in their interactions with buyers and sellers. Notably, new duties for transaction brokers include sharing property information with licensees representing prospective buyers, making properties available for showings at the seller's direction, and publicly advertising listed properties within one calendar day of a written listing agreement unless the seller opts out through a specific disclosure form.

Additionally, the bill updates the content requirements for the single agent notice and consent to transition to a transaction broker, ensuring that sellers are informed about the implications of opting out of public advertising. The amendments include the addition of duties such as acting in good faith to publicly advertise listings and sharing information with all licensees representing prospective buyers or tenants. The bill is set to take effect on July 1, 2025.