Real Property - New Home Sales - Entry of Final Sale Price in Multiple Listing Service
SB 441 requires developers, builders, brokers, and real estate agents to enter the final sale price of *new homes* into a real estate database (like a Multiple Listing Service) within 30 days of the sale. This applies only to new home sales, not existing homes, and aims to increase transparency in new home pricing by making final sale prices publicly accessible in the same databases used for market analysis. The bill directly affects real estate professionals involved in new home transactions and creates a clear 30-day deadline for data entry. It does not change how homes are priced or sold, only mandates that the final sale price be recorded in standard industry databases.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2025
Last action Jan 28, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 22, 2025
Committee
First Reading Judicial Proceedings
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Charles Sydnor
DDemocratic
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