The proposed bill aims to enhance transparency and fairness in the marketing of residential properties by real estate brokers. It prohibits brokers from marketing residential properties exclusively to a limited group of prospective buyers or other brokers unless the property is also marketed to the general public and all other brokers simultaneously. This requirement is intended to ensure equal access to housing opportunities, with exceptions made only when necessary to protect the health or safety of the owner or occupant. The bill introduces a new section to chapter 18.86 RCW that explicitly outlines these marketing restrictions.

Additionally, the bill amends existing laws to clarify that violations of these marketing practices will be treated as violations of other relevant real estate regulations. It also updates the language in RCW 49.60.222 to include provisions that make it an unfair practice for real estate licensees to engage in discriminatory marketing practices, reinforcing the commitment to non-discrimination in housing transactions. Overall, the bill seeks to promote equitable access to residential real estate while ensuring that brokers adhere to ethical marketing standards.

Statutes affected:
Original bill: 18.86.031, 18.85.361, 49.60.222