Happy October to all of you! I hope this message finds you well and that fall has arrived in your part of the world so that you can enjoy being outside a bit without the Texas heat.
Recent ARELLO Meeting
TREC staff recently participated in the Annual Association of Real Estate License Law Officials (ARELLO) meeting, where regulatory agencies from across the country met to discuss issues affecting their jurisdictions. It was helpful to see how the issues we are facing are also being faced in other parts of the country. Wholesaling was a significant topic of conversation, as was license portability and even increasing the limits on recovery funds. These are all topics the Commission will be reviewing and addressing in coming meetings.
TREC Offices Update
TREC offices remain physically closed, due to Austin’s current Stage 3 status. We hope to open the doors soon and will let you know when that happens. We continue to keep safety the top priority for staff and license holders, and with that, we proceed with caution. I appreciate your continued understanding during these times. In the meantime, TREC remains fully operational in our remote status. If you need assistance, I encourage you to contact our team. We are ready to help.
This month many of our hardworking Committees are meeting in preparation for the November Commission meeting. If you want to learn the ins and outs of proposals and changes at TREC, attend a committee meeting. I assure you it is always educational.
For example, the Broker-Lawyer Committee will review comments related to the recent contract changes, as well as comments on other contract issues.
The markets in Texas continue to be solid, and many of us continue to remain busy. It is in these times I am reminded of how lucky we are to be busy. Many of us have continued working while using technology to serve our clients with little interruption to our business. We are privileged to live in a state that allows us to have the freedoms to live our lives and provide essential services to the people of Texas during these unprecedented times.