HLS 25RS-267 ORIGINAL
2025 Regular Session
HOUSE BILL NO. 139
BY REPRESENTATIVE MACK
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
REAL ESTATE: Provides relative to real estate
1 AN ACT
2To amend and reenact R.S. 37:1448.4(A)(3) and to enact R.S. 37:1448.4(A)(4) and 1448.5,
3 relative to real estate brokers; to provide for broker compensation; to provide for
4 when a buyer's agreement is required; to provide for what shall be included in a real
5 estate advertisement; and to provide for related matters.
6Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 37:1448.4(A)(3) is hereby amended and reenacted and
8R.S. 37:1448.4(A)(4) and 1448.5 are hereby enacted to read as follows:
9 §1448.4. Buyer agreements; requirements; authorization; exceptions
10 A.
11 * * *
12 (3) The buyer agreement may provide that sources of broker compensation
13 may include but are not limited to funds from a buyer, a seller, a listing agent, a
14 listing broker or brokerage, or any combination thereof.
15 (4) The buyer may not be required to enter into a buyer agreement as a
16 prerequisite in order for a real estate agent to show a property to the buyer. A buyer
17 agreement is required prior to a broker submitting an offer on a property on behalf
18 of a buyer for compensation.
19 * * *
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 25RS-267 ORIGINAL
HB NO. 139
1 §1448.5. Advertising requirements
2 Residential real estate property listed for sale shall be advertised such that it
3 accurately represents the property, including its terms, value, and services. The
4 buyer's brokerage fees shall be listed in all public advertisements.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 139 Original 2025 Regular Session Mack
Abstract: Provides relative to real estate.
Present law provides for the selling of residential real estate.
Present law provides for where the compensation of brokers may come from.
Proposed law retains present law and provides that it may also come from a listing broker
or brokerage.
Present law provides for the terms of a buyer agreement.
Proposed law retains present law and provides for when a buyer agreement is required.
Proposed law provides for the advertising requirements of residential real estate property.
Proposed law requires that buyer's brokerage fees be listed on all public advertisements.
(Amends R.S. 37:1448.4(A)(3); Adds R.S. 37:1448.4(A)(4) and 1448.5)
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.