View today's Commission meeting in real-time! Make sure to review the full agenda and materials and follow along. 

The Texas Real Estate Inspector Committee met on October 11 via videoconference.  There was not much on the agenda as the committee has covered a lot of ground the last couple of years.  There was a discussion about the new Property Inspection Report Form (REI 7-6) that will be required to be used as of February 1, 2022.  There is a new section in that report form for Gas Distribution System and Gas Appliances.  There was a concern that there might be confusion on where to put deficiencies in

The Education Standards Advisory Committee (ESAC) met by videoconference on October 4, 2021.  ESAC Chair Kelea Youngblood opened the meeting by honoring the life and accomplishments of ESAC member and long-time license holder, Lynda Conway. Ruben Pena was welcomed back to the committee in her place. 

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. 

There may be instances where a client wants to add language to a real estate contract. In a “hot market,” it is not uncommon for a buyer to want an escalation clause added to the contract (for example, language stating the buyer will pay “X amount more than the highest offer if other offers are present”).

The 40 Hour Texas Practicum is a pre-licensing requirement for applicants following the Substitute Experience and Education Requirements for a Real Estate or Professional Inspector.  A Ride-Along session is no longer a requirement for pre-licensing, but is still an option for obtaining inspector continuing education (ICE) credit. 

Buying a home is often the single biggest investment a person can make. Selling a home can be an overwhelming and confusing transaction. Because of the complexity of buying or selling property, many consumers hire a professional advisor to help them with the process. The Texas Real Estate Commission (TREC) is responsible for licensing real estate service providers in Texas to ensure they are qualified to help consumers with buying and selling property.

During the 87th regular session, the Texas legislature passed SB 1588 related to Home Owner Associations (HOAs). This bill requires TREC to establish a database to accept management certificates from HOAs.

The Texas Real Estate Commission recently adopted changes to the real estate inspector Standards of Practice (SOPs) at its August 9, 2021 meeting based on recommendations from the Texas Real Estate Inspector Committee. These changes are not effective until February 1, 2022.

The Texas Real Estate Commission (TREC) is pleased to announce the appointment of two broker members to the TREC Broker-Lawyer Committee. Broker members Dianne McCoy and Mary Miner were appointed at the August 2021 Commission meeting with terms set to expire in 2027.