Illinois bill targets private real estate listings with new disclosure rules

Lawmakers in Illinois are reestablishing their position in the real estate industry’s private listings debate. 

On Wednesday, State Representative Lillian Jiménez introduced a bill into the state’s House of Representatives seeking to amend the state’s Real Estate License Act of 2000. Rep. Jiménez sponsored a similar bill that was introduced in February of 2025. However, this bill, which was known as H.B. 3452, stalled out in the legislature after being re-referred to the rules committee in March of 2025.

Under the amendment, a licensee representing a home seller would be required to “share information on the property with any licensees representing prospective buyers, respond to inquiries from any licensees representing prospective buyers, make the property available for showing to prospective buyers” and “publicly advertise or market the listed property for sale on an Internet platform or website accessible to the public and any real estate licensees representing prospective buyers” all within one calendar day of the state date of the listing agreement. Real estate licensees would be allowed to breach this rule if the seller “completes and signs a disclosure and opt-out form prescribed by the Department of Financial and Professional Regulation.” 

In essence, the bill would codify the  National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) and Multiple Listing Options for Sellers (MLOS) Policy, which require a listing to be input into the MLS within 24 hours of public marketing, a policy sellers may only circumvent by signing a disclosure form. The bill is a bit more stringent as it requires the listing be displayed online within one calendar day of the listing agreement being signed and not within one business day of public advertising, which could occur multiple days after the listing agreement is signed. 

The bill shares many similarities with the 2025 bill; however, it does not include rental properties and it also softens the language related to how sellers may opt-out. 

In addition, the bill is similar to one introduced in early January in Washington State, which prevents brokers from marketing the sale or lease of a residential property to a “limited or exclusive group of prospective buyers or brokers,” without simultaneously marketing the property to the general public and all other brokers. This bill has recently advanced to the State Senate. 

Rep. Jiménez is a Democrat who represents the state’s 4th District, which includes parts of Chicago’s Northwest and Southwest suburbs. Her office did not immediately return HousingWire’s request for comment.

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