The bill aims to prohibit real estate brokers from marketing residential properties exclusively to a limited group of prospective buyers or brokers unless the property is also marketed to the general public and all other brokers. This restriction is intended to ensure fair access to residential real estate opportunities, with exceptions made only when necessary to protect the health or safety of the owner or occupant. A new section is added to chapter 18.86 RCW to formalize this requirement, and existing laws are amended to include violations of this new provision as violations of RCW 18.85.361.

Additionally, the bill amends RCW 49.60.222 to classify the exclusive marketing of residential real estate as an unfair practice unless it is done concurrently with public marketing. This change reinforces the commitment to non-discrimination in real estate transactions, ensuring that all potential buyers have equal access to residential properties. The bill also includes various provisions related to the duties of brokers, agency relationships, and the requirements for written services agreements, emphasizing transparency and fairness in real estate practices.

Statutes affected:
Original bill: 18.86.031, 18.85.361, 49.60.222