OSL Cooperation Resources

In January 2015, Wisconsin law created a voluntary option that permitted a Wisconsin listing firm to allow an out-of-state licensee (OSL) to provide limited brokerage services in Wisconsin. See Wis. Stat. § 452.137(2)(ag).

In December 2017, Wisconsin further modified its OSL cooperation law to allow Wisconsin firms to cooperate with OSLs working with or representing a buyer/tenant. This modification permits cooperation between a Wisconsin firm and OSL when the Wisconsin firm does not have the property listed or when the OSL wants to cooperate with a Wisconsin firm other than the Wisconsin listing firm. This provision of the law is limited to commercial transactions only. See Wis. Stat. § 452.137(2)(am).

WRA resources

  • OSL FAQ PDF document at www.wra.org/OSLFAQ.
  • February 2015 Legal Update, "The Cooperative Agreement Alternative": www.wra.org/LU1502.
  • "It's Here! The WB-28 Form Has Arrived" in the June 2015 issue of Wisconsin Real Estate Magazine: www.wra.org/WREM/June15/OSL.
  • "Mother, May I?" in the January 2015 issue of Wisconsin Real Estate Magazine: www.wra.org/WREM/Jan15/OSL.
  • "Recently Passed Legislation Opens Up OSL Commercial Cooperation" in the December 2017 issue of Wisconsin Real Estate Magazine: www.wra.org/WREM/Dec17/OSL.
  • LegalTalks video series: "Commercial Cooperation with Out-of-State Licensees" at www.wra.org/LegalTalks/OSLcooperation
  • March 2018 Legal Update, "Commercial Cooperative Agreement," at www.wra.org/LU1803.

Wisconsin statutes and rules

Wis. Stat. Chap. 452.137 Cooperation with out-of-state brokers and salespersons: docs.legis.wisconsin.gov/statutes/statutes/452/137

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