Legislation passed by the 88th Texas Legislature requires the Texas Real Estate Commission to update two frequently used forms: the Consumer Protection Notice and the Seller’s Disclosure Notice.

Consumer Protection Notice

What changed? It no longer references the real estate inspection recovery fund, which was repealed this session.

A bill passed by the 88th Texas Legislature requires all licensing agencies, including the Texas Real Estate Commission, to remove or redact certain details about applicants and current and past license holders in publicly available information, such as the TREC website license holder search or via public information requests.

A new rule effective earlier this summer sets a timeline of two calendar days to respond to parties to a real estate transaction you’re involved in. Here’s what you need to know.

What Is the Rule?

535.157, Obligation to Respond Timely

When Did it Go into Effect?

June 11, 2023

What is Required?

Brokers or sales agents must respond within two calendar days to:

During the August 2023 TREC Meeting, the Commission adopted TREC Rule 535.46, Broker Responsibility Advisory Committee, establishing a new committee to advise the Commission on issues relating to broker responsibility. The Commission is seeking to appoint nine members to begin service on January 1, 2024.

During the August 2023 TREC Meeting, commissioners considered rule changes up for adoption, new proposed changes, and conducted emergency rulemaking resulting from the 88th Texas Legislature. Read on for what happened.

Outgoing Volunteers Recognized

Three Broker-Lawyer Committee members were recognized for their service:

• Bo Blackburn, attorney
• Charlie Still, broker
• Greg Glenn, broker

Appointments to Advisory Committees

The Commission also made appointments to two advisory committees.

The Texas Real Estate Commission's Education Standards Advisory Committee (ESAC) is accepting applications to fill two education member positions by real estate instructors or owners of real estate schools, accredited by the Commission, that provide qualifying or continuing education.

The 88th Texas Legislature, Regular Session, began January 10, 2023, and ends May 29, 2023. This session opened with the Texas Real Estate Commission (TREC) and Texas Appraiser Licensing Board (TALCB) following 358 bills relevant to the administration of the agency.  A much smaller number will become law, one of relevance to Texas real estate license holders.

To reach more license holders, the Texas Real Estate Commission broke away from its Austin headquarters for the first time ever to meet in Houston on May 16. It was TREC’s second meeting of 2023. There were more than 80 attendees.

Welcoming New Commissioners, Thanking the Outgoing

TREC’s Chair, Scott Kesner, opened the meeting with a welcome to TREC’s newest Commissioners: Chance Brown, Renee Harvey Lowe, and Stuart Bernstein.

The Texas Real Estate Commission is assisting the Texas Land Title Association (TLTA) in educating license holders of trending fraud schemes. 

Over the last several months, TLTA is seeing more people fall victim to seller impersonators. Prime target properties are vacant land or investment property such as vacation homes, second homes, rental properties, and any other instance where the tax mailing address is different than the property owner’s address.