A 4947: Revises continuing education requirements for real estate licensees and regulation of certain real estate continuing education providers, instructors, and courses.
A 4947 status: Introduced — Approved P.L.2026, c.52 (updated Jul 22, 2026).
What this bill does
Overall score
Bill summary
OfficialThis bill updates the rules for real estate agents' mandatory training. It changes what classes agents must take and how the schools and teachers who provide that training are regulated. It is currently being debated by the state legislature.
Key analysis
Impact analysis
Environment
Benefits
- no identified direct effect on environment
Risks
- no identified direct effect on environment
Economy
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
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
How trustworthy & consequential it is
Source
LegiScan
Confidence
highhigh
Analysis status
LegiScan full bill text
requires licensees to adjust to new 18-hour biennial requirements and specific in-person mandates starting July 2027
long-term impact on licensee retention is speculative
Where it stands
Introduced
CurrentApproved P.L.2026, c.52.
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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