SF0105

Amends Wyoming real estate broker licensing laws to modify definitions of customer relationships and disclosure requirements for licensees.

• Redefines 'customer' to include persons who have expressed interest in buying, selling, or leasing real estate, who attend property showings, or who are parties to a transaction with no established agency relationship with any licensee. (W.S. 33-28-102(b)(xiii))
• Clarifies that open or initial house showings, preliminary conversations, and requests for factual information do not constitute discussions or arrangements incidental to a real estate transaction requiring disclosure. (W.S. 33-28-306(a))
• Requires licensees to provide written disclosure of applicable agency, intermediary, or customer relationships prior to engaging in any discussion or arrangement incidental to a sale, purchase, exchange, or lease, and prior to entering into any written agreement. (W.S. 33-28-306(a))
• Adds to required disclosures a statement that customers are not required to sign a legal written agency agreement to view or tour real estate during open or initial house showings. (W.S. 33-28-306(a)(vii)(A))
• Adds to required disclosures a statement that customers shall not be afforded any confidentiality in any communication to or with the licensee. (W.S. 33-28-306(a)(vii)(B))
• Provides that the disclosure alone does not constitute a contract or agreement with the licensee, and permits licensees to document a buyer's or seller's refusal to sign the disclosure and continue providing services as a customer. (W.S. 33-28-306(b), W.S. 33-28-306(b)(i))
• Specifies that an agency disclosure provided to a customer satisfies any documentation or disclosure requirement for formation or establishment of an agency relationship. (W.S. 33-28-310(e))
• Provides that the act does not alter, amend, or impair any contract or agreement for the establishment of an agency, broker, or other relationship entered into before the effective date of the act. (Section 2)

Effective: July 1, 2026