OklahomaStarting November 2026, brokers need no buyer agreement unless supervisors require one
Starting November 1, 2026, Oklahoma brokers need no buyer agreement before showing property, but brokers who supervise them may require one.
What it does
Starting November 1, 2026, brokers need no buyer agreement before showing property. Managing brokers and brokers who own the business may require agreements for brokers and sales associates working with them.
Argument forWhere supervising brokers do not require agreements, buyers could view properties before committing to an agreement for real estate services.
Argument againstSupervising brokers' choice to require agreements could leave buyers facing different requirements depending on which business shows them property.
More detail
Brokers will not have to enter into an agreement with a buyer for real estate services before showing property, unless their supervising broker requires it. The rule covers Oklahoma property showings for purchase, lease, option, or exchange. An option gives someone the right to make a deal later. Managing brokers and brokers who own the business may require agreements for branch brokers, broker associates, and sales associates working with them, including employees and independent contractors. These rules take effect November 1, 2026.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 11Approved by Governor Kevin Stitt 05/07/2026Became Law
- May 5Sent to GovernorTo Governor
- May 5Signed, returned to Senate
- May 5Enrolled, to House
- May 4Referred for enrollment
- Vote recorded Third Reading. Result: pass.Lower
- May 4Signed, returned to Senate
- May 4Third Reading, Measure passed: Ayes: 68 Nays: 17Major
- May 4Coauthored by Representative(s) Adams
- May 4General Order
- Apr 20Coauthored by Representative(s) Banning
- Apr 20CR; Do Pass Commerce and Economic Development Oversight CommitteeMinor
- Apr 14
- Vote recorded Commerce And Economic Development Oversight Committee: Do Pass. Result: pass.Lower
- Apr 7Coauthored by Senator(s) Prieto
- Vote recorded Business Committee: Do Pass. Result: pass.Lower
- Apr 7Policy recommendation to the Commerce and Economic Development Oversight committee; Do Pass BusinessMinor
- Mar 30Referred to BusinessMinor
- Mar 30Second Reading referred to Commerce and Economic Development OversightMinor
- Mar 25First ReadingMinor
- Mar 25Engrossed to HousePassed House
- Mar 24Referred for engrossment
- Vote recorded Advance. Result: pass.Upper
- Vote recorded Third Reading. Result: pass.Upper
- Mar 24Measure passed: Ayes: 46 Nays: 0Passed Senate
- Mar 24Ayes: 36 Nays: 2
- Mar 24Advanced to Third Reading
- Mar 24General Order, Considered
- Feb 26Coauthored by Senator Bullard
- Feb 19Coauthored by Representative Osburn (principal House author)
- Feb 17Placed on General Order
- Feb 12Reported Do Pass as amended Business and Insurance committee; CR filedMinor
- Vote recorded Do Pass Amended. Result: pass.Upper
- Feb 3Second Reading referred to Business and InsuranceMinor
- Feb 2Coauthored by Senator Guthrie
- Feb 2Authored by Senator Daniels
- Feb 2First ReadingIntroduced
Housing