Relating to duties of licensees under the West Virginia Real Estate License Act

HB 3145 requires real estate brokers, associate brokers, and salespeople in West Virginia to use a written agency agreement before starting any brokerage services. This agreement must clearly state representation roles (e.g., seller or buyer), compensation terms, and confidentiality obligations. The bill also mandates that all real estate contracts include a definite expiration date, prohibits charging fees after expiration, and requires licensees to provide written offers and true copies of contracts to all parties. These changes directly affect real estate professionals and consumers by increasing transparency and preventing unfair post-contract fees.