During the May 2024 TREC Meeting, the Commission proposed a new rule to address broker succession when the designated broker for a business entity passes away.

Record-breaking attendance made the TREC Meeting in Dallas-Fort Worth (DFW) a standout and marks the Commission's second out-of-Austin meeting. Leaving the comforts of the Texas Capitol Complex in Austin—where TREC is headquartered—is an initiative that began last year in an effort to connect with more license holders and Texans. Houston was the first stop in 2023 with roughly 80 attendees.

They are still happening: Real estate leasing scams continue to pose a threat to property owners in Texas, especially in the greater Houston area, prompting the Texas Real Estate Commission (TREC) to issue warnings such as this press release sent to more than a dozen news outlets—most of them based in the southeastern part of the state—including The Houston Chronicle,

The Texas Real Estate Commission Meeting is at 10:00 a.m. CT in Dallas.

Watch the meeting livestream and download materials. 

The Texas Real Estate Commission’s Enforcement Division has 37 people—10 attorneys, legal assistants, and investigators. They enforce the laws and rules that regulate real estate brokers, sales agents, real estate inspectors, and timeshare plans, through the investigation of consumer complaints. They also review the fitness of an applicant for licensure.

The only way enforcement can initiate an investigation is through a filed complaint, which can be done by anyone.

Lowering broker education requirements, raising experience requirements? What about broker associates? These are some of the questions raised during the Texas Broker Responsibility Advisory Committee’s (BRAC) April 23 meeting.

The Texas Real Estate Inspector Committee (TREIC) met April 15 in Austin. The agenda was light, as much of the work being done is within the subcommittees at this point.

The Texas Broker-Lawyer Committee (BLC) met April 12 and discussed the National Association of Realtors proposed settlement agreement for a lawsuit it is involved with related to commissions that may affect members of NAR, Texas Realtors, and local boards of Realtors—all voluntary membership organizations. While many TREC license holders are members, not all of them are, nor are they required to be.

If you've been wondering if the recent NAR settlement announcement relates to TREC, livestream the next Texas Broker-Lawyer Committee (BLC) meeting on Friday, April 12 at 9 a.m. CT. BLC members will review public comments it has received and discuss how NAR’s situation may affect TREC forms.

TREC is not involved in the litigation. TREC has narrow regulatory authority over license holder compensation—specifically, that a broker is the one who gets paid. However, some contract form language may be impacted.

The Texas Real Estate Commission’s Education Standards Advisory Committee (ESAC) met virtually on April 1. Discussion opened with the Principles of Real Estate I and II courses—ESAC is moving forward with a recommendation to revise their course approval forms.

The Committee then reviewed changes to the Law of Agency course approval form which were made based on recommendations from ESAC’s last meeting.