Skip to Content

Important Announcement! - TREC’s license management system is offline until December 15 when the new Real Estate and Appraiser License Management Portal (REALM Portal) launches. Learn more at www.trec.texas.gov/lms.

Broker-Lawyer Committee to Discuss Public Comments on Compensation, TREC Form Considerations

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.

Sara Oates

Sara Oates of Austin is president of Total Appraisal Management & Review, and is a second generation real estate appraiser. She is a member of the Foundation Appraisers Coalition of Texas and a former gubernatorial appointee to the Appraisal Management Companies Advisory Committee. Additionally, she is a volunteer with CASA of Travis County. Oates received a Bachelor of Arts in government from The University of Texas at Austin.

What Happened During the First TREC Meeting of 2024

The Texas Real Estate Commission met on February 12 with a full crowd of Texas Realtors in attendance. This was the first opportunity in 2024 for license holders to earn up to four hours of CE credit during a Commission meeting. It was also an opportunity for those in attendance and watching the livestream to learn about the various functions of the agency, hear public comments, witness the form adoption process, and more. Read on for more highlights from the event.