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Broker Responsibility Working Group Accepting Applications for Members

The Texas Real Estate Commission is soliciting interest for membership of the 2020 Broker Responsibility Working Group (BRWG).  The BRWG will make recommendations to the Commission based on the scope of its charge and will likely meet four or five times over the 2020 calendar year.  The Commission is charging the BRWG to examine experience requirements for potential substitution of education requirements to become a broker.  The BRWG will review broker licensing requirements, minimum competency requirements, broker mentorship programs, minimum service requirements in rela

TREC Eliminates Certain Fees for License Holders

TREC has worked hard over the past year to improve efficiencies and reduce the burden on license holders who conduct business with the agency. TREC is a self-directed, semi-independent agency, which means that the daily operations of the agency are funded through license fees and other revenue related to the regulation of our license holders.

Responding to a TREC Investigation

The filing of a complaint against a real estate license holder is not uncommon.  In fiscal year 2019, the Texas Real Estate Commissions’ Standards & Enforcement Services Division (SES) reviewed 1,615 complaints filed by consumers against real estate brokers and sales agents and Commission investigators completed 467 field investigations.  

The goal of an investigation is to protect consumers and to uphold the integrity of the real estate profession by gathering the facts necessary to resolve the complaint.

Brokers and Preferred Lists of Service Providers – What’s allowed now? 

TREC recently amended §535.148 (and made conforming changes to §535.220) to strengthen settlement service provider independence and provide clarity about consumer protection issues when a license holder pays funds to or receives funds from another real estate settlement service provider.  TREC has long had rules in place limiting an inspector’s ability to engage in what is commonly known as “pay to play.” However, TREC has not had explicit rul

Agency Seeking Executive Director

The Texas Real Estate Commission (TREC) is hiring a new Executive Director. Our long-serving Executive Director, Douglas Oldmixon, is retiring at the end of March 2020. The Executive Director serves as the agency leader for both TREC and for the Texas Appraiser Licensing and Certification Board (TALCB), and is responsible for organizational culture and day-to-day operations of the agency.