The bill amends Section 858-355.1 of the Oklahoma Real Estate License Code to prohibit brokers from being required to enter into a written brokerage agreement before showing a property for purchase, lease, option, or exchange. Specifically, it inserts language stating that a broker shall not be required to enter into such an agreement prior to showing a property. Additionally, it allows managing brokers or proprietor brokers the discretion to require their branch brokers, broker associates, or sales associates to enter into a brokerage agreement with a buyer before showing real estate.

Furthermore, the bill codifies a new section, Section 858-355.2, which reiterates that brokers are not required to have a brokerage agreement with a buyer prior to showing real estate. This change aims to streamline the process for potential buyers and enhance accessibility to real estate services. The act is set to take effect on November 1, 2026.