At the November quarterly meeting of the Commission, changes were adopted to several contract forms.

One of those changes involved how the option fee is handled and delivered in the contract. The following FAQs are intended to avoid confusion on this change.

Happy February! This month we have passed the one-year mark since the first cases of COVID-19 were reported in the US.  Much has changed in the last year, but I am proud of what our team at TREC has continued to do for the people of Texas. License applications continue to be processed smoothly, and our customer service team continues to provide excellent assistance to those who need it. I genuinely hope that this New Year brings us all peace and a shift towards more

New inspector pre-licensing education and experience requirements begin March 1, 2021.  The new experience requirement includes a 40 hour Texas Practicum, which must consist of a minimum of five complete and in-person inspections.  In light of the current COVID-19 pandemic, TREC will grant a temporary allowance for on-site inspections to take place virtually, as long as the Practicum instructor conducts inspections live and on-site, and the instructor and students are able to interact with ea

As of February 1, 2021 sales agents and brokers are required to complete at least three hours in contract-related coursework as part of the 18 hours of continuing education (CE) required to renew a license or activate a license.  

The newly updated Consumer Protection Notice (CPN) required for use as of February 1, 2021, is available on the Texas Real Estate Commission's website. 

Yes, if the sponsoring broker has delegated to you in writing the responsibility to assist the broker in complying with the Real Estate License Act and Commission rules. A license holder who leads, supervises, directs, or manages a team must also be delegated as a supervisor. A delegated supervisor may be either a sales agent or broker.

The Inspector Advisory Committee met virtually on January 15^th.  This was a lengthy meeting, as there was a lot to cover on this go around.  First off, I would like to welcome the two newest members of the IAC.  Bruce Carpenter is an inspector member from Pittsburg, and Brian Carroll is a public member from Temple.  Both of them dove right into the meeting providing feedback and giving input, so it was clear that they came prepared to be involved with the IAC. 

Did you know you are required to notify TREC within 30 days if you have been convicted of a crime even if you are already licensed?

It’s a new year and our records show a lot of sales agents change brokers during this time.  TREC wants you to know the rules that apply in this situation.   

On February 1, 2021, sales agents and brokers will be required to complete at least three hours in contract-related coursework as part of the 18 hours of continuing education (CE) required to renew a license.  For your convenience, and the convenience of your students, a “contracts” search filter is available on the Approved Real Estate CE Course List, which allows license h