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Announcing The Application Status Tracker!

The Texas Real Estate Commission is pleased to announce the launch of our new application status tracker.

This new tool is an easy way for anyone to track the status of initial applications, reducing delays and confusion about what comes next. This, along with our name management tool, are prime examples of TREC’s focus on improved customer service and efficiency.

For now, this new tool is only available to track the progress of initial Real Estate Sales Agent applications. We will be adding other applications to this tracker in the coming months. 

Print License History On Demand

The Texas Real Estate Commission is pleased to announce the launch of our new automated Certified License History tool. This new features allowing anyone to print a certified license history ON DEMAND for FREE! This is just one more way TREC is working to simplify our processes to provide excellent customer service.

Make Sure Paragraph 21 is Filled Out

The One to Four Family Residential Contract (Resale), like many contracts, contains a “Notices” provision. In that TREC contract, the provision is in Paragraph 21. This needs to be filled out so the parties know where a notice should be sent or delivered to be effective. A license holder should remind their client how important this provision is and ensure, to the extent possible, that it gets filled out fully and accurately.

 

From the Chair - May 2018

The Commission held its regular quarterly meeting on Monday, May 7 at our HQ in Austin. The Executive Director was delayed for about an hour arriving for the meeting due to air travel delays on Sunday that resulted in a cross-country reroute and pushed his final flight to Monday morning.  So our very able Deputy Executive Director and General Counsel Kerri Lewis delivered the Executive Director’s report.    

What’s in a Name? Advertising Name Types under TREC Rule 535.154

Definitions:

Broker Assumed Business Name (DBA) is another name for the broker’s business that can be used by all sponsored sales agents and brokers associated with this broker. Another name that indicates a broker’s line of business, e.g.  property management or commercial is also a DBA.

Scam Notice!!!

TREC has been made aware of a scam requesting information from license holders. The request is sent by email by someone posing as the Texas Real Estate Commission and asks that information be provided to them and provides a link to follow (see example emails).

Please disregard emails asking you to provide information to TREC, especially anything linking to a third party website.  If you have a question about a request for payment from TREC, you can contact us at: information@trec.texas.gov with “SCAM Notice” in the subject line.

Do You Advertise Your Business? Read This!

Texas Real Estate Commission adopted new advertising rules at its November meeting. These rules are effective as of May 15, 2018, which gives license holders 6 months to comply with the updated requirements.
§535.154 lays out alternate, assumed business and team name registration requirements and §535.155 lays out the revised advertising requirements. You can read both rules on our website.