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TREC's 2023 Highlights: Rule Changes, New Commissioners, Legislative Session Outcomes, and More

2024 marks 75 years of the Texas Real Estate Commission (TREC) and its work to protect consumers in their real estate transactions. As that new chapter soon opens, here are some highlights from the Commission’s efforts during the last 12 months.

What You’ll Need to Register Your Business Entity With TREC

Starting in January 2024, license holders will have the option to register certain LLCs and S-Corps with the Texas Real Estate Commission to accept compensation. The registered entity cannot perform any other brokerage activity and must be 51% owned by the license holder on whose behalf the entity receives compensation. Read more details about the new business entity registration.

TREC Appoints Committee Members, Proposes Voluntary Form for MUD Disclosure

The Texas Real Estate Commission (TREC) met November 6 for its final quarterly meeting of 2023. TREC Chair Scott Kesner recognized a group of license holders who attended to earn Continuing Education (CE) credit. This was the first opportunity to earn CE credit by attending a quarterly TREC meeting under a rule change adopted by the Commission in August. Previously, license holders could only earn credit by attending the February TREC Meeting.