Environment
Mixed / Neutral
50%
Benefits
- no identified direct effect on environment
Risks
- no identified direct effect on environment
StateNew JerseyIntroduced
A 4947: Revises continuing education requirements for real estate licensees and regulation of certain real estate continuing education providers, instructors, and courses.
Dan Hutchison
A 4947 status: Introduced — Approved P.L.2026, c.52 (updated Jul 22, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
85OUT OF 100
Score:85/100 civic fit
Risk:Low Risk
Impact:Moderate Impact 60/100
Earlier scoring method. Reanalyze to use the sector calculation.
Constitutionality100%
Bipartisan95%
Public opinion80%
Bill summary
The bill updates professional standards, training requirements, and regulatory enforcement for all licensed real estate professionals in New Jersey.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
75%
Benefits
- promotes professional competence in real estate
- potential reduction in consumer disputes through improved ethics training
Risks
- increased compliance costs for training providers
- additional time/cost requirements for licensed real estate professionals
Society
Positive outlook
80%
Benefits
- strengthens public protection through mandated Fair Housing and ethics training
- increases enforcement authority for the Real Estate Commission
Risks
- stricter education requirements may create minor barriers for some licensees
Technology Industry
Not scored in this analysis.
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Civic Accountability
Not scored in this analysis.
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Public Health & Safety
Not scored in this analysis.
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03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
requires licensees to adjust to new 18-hour biennial requirements and specific in-person mandates starting July 2027
Analysis scope
long-term impact on licensee retention is speculative
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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