State rankings
Net Listing Legality by State
Net Listing Legality by State: compare 51 US states on 2 metrics.
LawTech & Business51 states · 2 metricsUpdated Mar 12, 2023Original page
7 sources
- What is Real Estate Net Listing? - Real Estate Exam Ninja
- What Is a Net Listing in Real Estate? - California Department of Real Estate
- Chapter 410 Minimum Standards of Practice - Maine.gov Secretary of State
- RE08RC12: Massachusetts Real Estate License Law and Regulations - Massachusetts.gov
- What Is a Net Listing in Real Estate? - VanEd - Online Real Estate School & Appraisal School
- Should I sign a NET listing? - Richr
- Net Listing: A Recipe for Disaster for Home Sellers - Houzeo
Net Listings Legality
2 values across 51 entries
Data
Click a column to sort.
51 states
 Alabama | Illegal | — |
 Alaska | Illegal | — |
 Arizona | Illegal | — |
 Arkansas | Illegal | — |
 California | Legal | Listing agents must follow the following policy: "[Net listings] can easily lead to a breach of the agent's fiduciary obligations and should be used only with highly sophisticated clients, or clients who are independently represented and, of course, with full disclosure of all… |
 Colorado | Illegal | — |
 Connecticut | Illegal | — |
 Delaware | Illegal | — |
 District of Columbia | Illegal | — |
 Florida | Legal | While a listing agreement is considered to be a binding contract, unless a seller is represented in the transaction by a qualified Florida real estate attorney, it will not necessarily reflect what the seller's best interests. Also, net listings remain prohibited by the Nation… |
 Georgia | Illegal | — |
 Hawaii | Illegal | — |
 Idaho | Illegal | — |
 Illinois | Illegal | — |
 Indiana | Illegal | — |
 Iowa | Illegal | — |
 Kansas | Illegal | — |
 Kentucky | Illegal | — |
 Louisiana | Illegal | — |
 Maine | Illegal | — |
 Maryland | Illegal | — |
 Massachusetts | Illegal | — |
 Michigan | Illegal | — |
 Minnesota | Illegal | — |
 Mississippi | Illegal | — |
 Missouri | Illegal | — |
 Montana | Illegal | — |
 Nebraska | Illegal | — |
 Nevada | Illegal | — |
 New Hampshire | Illegal | — |
 New Jersey | Illegal | — |
 New Mexico | Illegal | — |
 New York | Illegal | — |
 North Carolina | Illegal | — |
 North Dakota | Illegal | — |
 Ohio | Illegal | — |
 Oklahoma | Illegal | — |
 Oregon | Illegal | — |
 Pennsylvania | Illegal | — |
 Rhode Island | Illegal | — |
 South Carolina | Illegal | — |
 South Dakota | Illegal | — |
 Tennessee | Illegal | — |
 Texas | Legal | Listing agents in Texas must follow the following policy when selling a property through a net listing. A "broker may not enter into a net listing agreement unless the principal requires a net listing and the principal is clearly familiar with the current market values of real… |
 Utah | Illegal | — |
 Vermont | Illegal | — |
 Virginia | Illegal | — |
 Washington | Illegal | — |
 West Virginia | Illegal | — |
 Wisconsin | Illegal | — |
 Wyoming | Illegal | — |
Quick answers
- Where does this net listing legality by state data come from?
- Rankodex compiles it from World Population Review and the primary sources it cites: What is Real Estate Net Listing? - Real Estate Exam Ninja; What Is a Net Listing in Real Estate? - California Department of Real Estate; Chapter 410 Minimum Standards of Practice - Maine.gov Secretary of State; RE08RC12: Massachusetts Real Estate License Law and Regulations - Massachusetts.gov.