In a seller’s market, buyers may be tempted to waive an inspection entirely, or hire an inspector to do a walkthrough inspection of their ideal home to point out problems while the buyers take notes.
In a buyer’s market, sellers might think getting a similar inspection will make their listing stand out by disclosing information up front, so buyers will know what to expect.
The Broker Responsibility Working Group (BRWG) met January 11 and got updates from staff, discussed how to identify brokerage associations, and who should receive complaint notifications.
The Education Standards Advisory Committee (ESAC) met January 9 and appointed new leadership, discussed the revised property management course outline, and made recommendations for the Commission to propose an amendment to 535.55.
The committee appointed three new officers to serve through 2023:
The form revisions adopted by the Texas Real Estate Commission in early November are now available for voluntary use until February 1, 2023, when their use becomes mandatory. The only exception is the revised Notice to Prospective Buyer (TREC 57-0) form, which will remain a voluntary use form.
During the November TREC Meeting, the Commission proposed two rule amendments and one new rule. The Texas Real Estate Inspector Committee recommended the proposal of amendments to 535.223, Standard Inspection Report Form.
The Texas Real Estate Commission met November 7 and received updates from advisory committees and staff, adopted revised forms, and proposed revisions to rules related to the inspection form and the unauthorized practice of law. Here are a few key takeaways from the meeting.
The Commission appointed the following individuals to serve on the Education Standards Advisory Committee (ESAC):
The Texas Real Estate Commission on November 7 adopted form revisions recommended by the Texas Real Estate Broker-Lawyer Committee (BLC).
The Texas Real Estate Commission meeting is Monday, November 7, at 10 a.m. CT in Austin. Download the meeting materials and watch the meeting livestream. You can also follow @TRECommission on Twitter for live updates.
The Texas Real Estate Inspector Committee (TREIC) met October 18 and reviewed a new tool to aid in filling out the Property Inspection Report Form, a new form that will inform TREC when a real estate inspector relationship is terminated, and items for the 88th Texas Legislature.
The Texas Real Estate Broker-Lawyer Committee (BLC) met October 14 to discuss public comments on proposed form changes from the August TREC Meeting. After reviewing 123 public comments, the committee made some non-substantive changes and recommended the forms be adopted at the November 7 TREC Meeting.
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The full Inspector Committee met on Monday, July 17. On the agenda was a discussion of the pros and cons of continuing to exempt certain education providers from TREC licensure requirements (22 TAC 353.71 and 22 TAC 535.218).
The Commission met on August 7th for its regular quarterly meeting. Because of the number of bills that passed during the 2017 legislative session affecting the agency’s license holders and the agency’s operations, a large number of draft rules were proposed.
The Commission met for its regular quarterly meeting on Monday February 13th in Austin. This date is always selected to coincide with the Winter Meeting of the Texas Association of REALTORS so that more license holders for across the state get the chance to attend. 
It was also the meeting at which we elect officers a
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