The sale still has to be reported on Schedule 3 of your return, a requirement since 2016, even when no tax is owed, and the exemption narrows if you rented out part of the home, used it for business, or if it was not your principal residence for the entire time you owned it. An inherited home or a second property does not automatically get the same treatment.
This is general information, not tax advice, and any proposed change to the exemption itself would come from federal tax policy, not from anything a real estate representative controls. A tax professional can confirm how the current exemption applies to your specific situation before you list.
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