Learn more about the important and emerging real estate issues the WRA is working on to help REALTORS® and property owners in Wisconsin.
Current Issues
Licensee Advertising For Sale By Owner Properties
LEGISLATION2023 Senate Bill 394 2023 Assembly Bill 407 To provide brokerage services in the state of Wisconsin, one must be a real estate licensee. Wisconsin Statute Chapter 452 sets forth the practices that require a real estate license. These practices are...
Slashing the Transfer Tax
LEGISLATIONThis bill decreases the real estate transfer fee from 30 cents to 20 cents for each $100 of the value of the conveyance. Under the bill, the county retains 30 percent of the fees collected in 2023 and 2024, 40 percent of the fees collected in 2025, and 50...
Discriminatory Covenants and Deed Restrictions in Wisconsin
LEGISLATIONThis bill provides that a restriction, covenant, or condition that prohibits or restricts the ownership, transfer, encumbrance, rental, occupancy, or use of real property on the basis of being a member of a protected class, as defined in the open housing...
Holding the line on Property Taxes
A home is the single largest investment an individual or family can make. When many prospective homeowners begin their property search one of the largest portions of this investment that they do not take into consideration is the property tax associated with the purchase.
Clarify Wisconsin MLS sales tax exemption
Legislation2023 Senate Bill 351 2023 Assembly Bill 353 This bill creates a sales and use tax exemption for the sale of a membership to a licensed real estate broker who, pursuant to the membership agreement, offers tocompensate and cooperate with other real estate...