Real Property - New Home Sales - Entry of Final Sale Price in Multiple Listing Service

HB 920 requires developers, builders, brokers, and real estate agents to enter the final sale price of new homes into a multiple listing service (MLS) or similar database within 30 days of the sale. This applies to all new home transactions in Maryland and aims to make final sale prices publicly accessible through real estate databases used for market evaluations and appraisals. The bill defines "multiple listing service" as a database utilized by real estate professionals. It takes effect on October 1, 2026.