HCS HB 1339 -- REAL ESTATE BROKERS

SPONSOR:  Behnen (Wood)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Professional Registration and Licensing by a vote of 15 to 0.

This substitute changes the laws regarding real estate brokers.
The substitute:

(1)  Defines "advertising";

(2)  Exempts Internet advertising communications from licensing
requirements when the advertising of real estate is incidental to
its operation;

(3)  Requires an applicant for a real estate broker's license to
have worked as a real estate salesperson for at least two years
prior to making application for a license; and

(4)  Requires any notice of appeal for the revocation of a
license to be sent to the Administrative Hearing Commission by
certified mail.

FISCAL NOTE:  No impact on state funds in FY 2007, FY 2008, and
FY 2009.

PROPONENTS:  Supporters say that the bill updates the statutes by
adding Internet advertising.  Currently, 40 states have the
two-year work experience requirement, and supporters feel it is
important for a salesperson to have some experience prior to
becoming a licensed broker.

Testifying for the bill were Representative Wood; Missouri Real
Estate Commission; and Missouri Association of Realtors.

OPPONENTS:  There was no opposition voiced to the committee.

Bob Dominique, Legislative Analyst

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:42 am