The Information About Brokerage Services (IABS) form now clarifies to the consumer that any brokerage fees are not set by law and are negotiable. The new form is available for voluntary use until April 1, 2025, when its use becomes mandatory.
The Texas Real Estate Commission (TREC) hosted its first meeting of the year in Austin with a room full of Texas REALTORS® in attendance to earn continuing education credit and receive updates from the agency’s staff and advisory committee members. Here’s what happened.
The Commission recognized these departing advisory committee members:
For the Texas Real Estate Commission, 2025 opens with the first meeting of the year held by the Education Standards Advisory Committee (ESAC). Its January 6 agenda began with an introduction of new members:
Reappointments were also made:
After combing through 1,100 complaints during his 11-year tenure with the Commission, TREC Chief Investigator Roy Minton wins Investigator of the Year for a second time. The first win was in 2019. Both recognitions, by the Association of Real Estate License Law Officials (ARELLO), were given for Minton’s work in uncovering rental fraud.
The changes listed below, recommended by the Broker-Lawyer Committee, were adopted by the Texas Real Estate Commission during its November 4 meeting. These apply to all contract forms unless specified otherwise.
If you feel there has been a violation of The Real Estate License Act , or TREC rules
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