TREC Broker Responsibility Working Group
The meeting agenda and any meeting materials can be found under 'Meeting Materials' on the right side of this page. These minutes set out the agenda item, the subject matter discussed, and any action taken on each item. To hear the full discussion on any agenda item, click on the link, and you will be taken directly to that section of the meeting video on the right side of the screen.
Note: While the written portion of the minutes below are published in agenda order, the items may have been presented in a different order.
Agenda Item 1 Call to Order
ACTION: Chair Brown called the meeting to order at 10:01 a.m.
Members present: Chance Brown, Bob Baker, Socar Chatman-Thomas, Holly Hightower, Yazmin Perez, Bill Roth, Brian Sales, Pam Titzell, Ty Williams
Commission liasions present: Leslie Lerner and Barbara Russell
Agenda Item 2 Opening Remarks from the Chair
Agenda Item 3 Public comment, including any written public comment received, on non-agenda items
Three written comments were received.
Agenda Item 5 Discussion and possible action regarding §535.2, Broker Responsibility, and new rule related to license holder response times
Comment: Ron Garcia
ACTION: Pam Titzell, seconded by Ty Williams, moved to send amendments to §535.2(i)(5) as presented, to the full Commission for possible proposal. The motion was adopted by unanimous vote.
Brian Sales, seconded by Pam Titzell, moved to send amendments to §535.2(j) and §535.157 with the changes discussed, to the full Commission for possible proposal. The motion was adopted by unanimous vote.
Agenda Item 6 Discussion regarding distinction between a broker, a sponsoring broker, and a designated broker and possible changes to related requirements
ACTION: The committee requested this topic be placed on the next agenda as an action item along with materials that were provided to the BRWG in 2019.
Note: Chair Kesner joined the meeting.
Agenda Item 7 Update regarding Broker Responsibility Coursebook
Update provided by General Counsel Burgess.
Agenda Item 8 Discussion and possible action regarding future agenda items and meeting dates
• Suggested meeting date: Wednesday, October 12, 2022
• Alternate dates: Tuesday, October 11, 2022, or Thursday, October 13, 2022
ACTION: The committee requested the following items be added:
-Discussion and possible recommendation regarding property management;
-Discussion and possible action regarding distinction between a broker, a sponsoring broker, and a designated broker and possible reequirement changes; and
-Discussion regarding E&O Insurance requirements for LLC’s and how it relates to sales agents
The next meeting is scheduled for October 12, 2022.
Agenda Item 9 Adjourn
ACTION: The meeting adjourned at 12:09 p.m.