Prohibits brokers from offering rebates to consumers
Oklahoma law allows consumers who use brokers to instruct them that they do not want certain minimum services otherwise required by Oklahoma law. In this way, Oklahoma law preserves for consumers the choice of brokerage services they wish to purchase.
Oklahoma law prohibits real estate brokers from paying part of their commission to unlicensed individuals. Because consumers do not have real estate licenses, Oklahoma law prevents them from receiving rebates. Oklahoma consumers are unable to benefit from rebates that customers in other states may receive.