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Broker Responsibility Working Group Recommends Response Times for Brokers and Sales Agents, Increased Oversight of Sales Agents’ First-Time Brokerage Activity

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.

Education Standards Advisory Committee Recap: Broker-Agent Relationship Education, Future Review of Property Management Course

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.

3 Places You May Need to Update the Consumer Protection Notice

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.

Updates from the TREC Meeting

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.

Updated Texas Real Estate Inspector Standards of Practice Effective February 1

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:

Texas Real Estate Inspector Committee Recap: New Committee Leadership, Discussion on SOPs and Report Delivery by Inspector

The Texas Real Estate Inspector Committee met January 18, 2022. Three new officers were elected to serve in committee leadership:

  • Shawn Emerick, chair
  • Scott Regan, vice chair
  • Steven Rhinehart, secretary

The committee also made two subcommittee appointments: