The Texas Real Estate Commission met May 2, 2022. In addition to hearing updates from TREC staff, the Commission contemplated a proposed new flood disclosure form for leases, non-substantive proposed changes from the quadrennial rule review, and adopted a rule change for easement or right-of-way (ERW) agents. The Commission also heard a presentation from Gary Maler, executive director of the Texas Real Estate Research Center at Texas A&M University.

TREC is pleased to announce an update to the Posting System that allows all providers of real estate Qualifying Education (QE) courses to post course credit directly into the agency’s system of record. The student must have a TREC real estate sales agent or broker license number to award qualifying credit.

The Broker Responsibility Working Group (BRWG) met April 13 and made two proposed recommendations that will be discussed during the next TREC Workshop on May 3. Feedback from the TREC Workshop discussion will be part of the next BRWG meeting in July.

The TREC Education Standards Advisory Committee (ESAC) met April 4. Members of the committee made plans to review the qualifying course outline for property management and discussed how to incorporate education on the broker-agent relationship in existing courses.

In late January, the Texas Real Estate Commission launched an online survey to gather information from wholesalers, consumers who have purchased from or sold property to wholesalers, and license holders who have represented a party in a wholesaling transaction.

A bill passed during the 87th Texas Legislative Session moved the regulation of residential service companies, also known as home warranty companies, from the Texas Real Estate Commission to the Texas Department of Licensing and Regulation (TDLR). TREC adopted a change to the Consumer Protection Notice (CPN) during its February meeting to remove a reference to home warranty companies being regulated by TREC.

The process to apply for your Texas broker’s license is easier to understand thanks to a recent rule change.

The Texas Real Estate Commission met February 14, 2022. In addition to hearing updates from TREC staff, the Commission elected Jan Fite Miller as vice chair and Jason Hartgraves as secretary. Read on for information on adopted and proposed rule changes.

Real estate inspectors licensed in Texas are required to follow the Standards of Practice (SOPs). These SOPs define the minimum requirements for a real estate inspection performed for a prospective buyer or seller of one to four family dwelling. Changes to the SOPs were adopted at the August TREC Commission Meeting and are effective February 1, 2022.

Changes to the general provisions now:

TREC’s Broker-Lawyer Committee met January 14 to discuss public comments and potential changes to the Farm and Ranch Contract and other contract forms. Here are some takeaways from the meeting.