During the August 2023 TREC Meeting, the Commission adopted TREC Rule 535.46, Broker Responsibility Advisory Committee, establishing a new committee to advise the Commission on issues relating to broker responsibility. The Commission is seeking to appoint nine members to begin service on January 1, 2024.
During the August 2023 TREC Meeting, commissioners considered rule changes up for adoption, new proposed changes, and conducted emergency rulemaking resulting from the 88th Texas Legislature. Read on for what happened.
Three Broker-Lawyer Committee members were recognized for their service:
The Commission also made appointments to two advisory committees.
The Texas Real Estate Inspector Committee (TREIC) met July 17. We received public comments on new items and some comments on some agenda items. It is good to see stakeholders taking an interest in the process and providing input more frequently.
One public comment expressed concern that inspectors are being strongly encouraged to pay brokerages for the opportunity visit their offices or even just talk to their agents.
To reach more license holders, the Texas Real Estate Commission broke away from its Austin headquarters for the first time ever to meet in Houston on May 16. It was TREC’s second meeting of 2023. There were more than 80 attendees.
TREC’s Chair, Scott Kesner, opened the meeting with a welcome to TREC’s newest Commissioners: Chance Brown, Renee Harvey Lowe, and Stuart Bernstein.
The Texas Real Estate Commission is stepping out of its Austin headquarters to pay Houston a visit. On May 16, the Commission will meet at 9 a.m. inside the Century Ballroom II of the DoubleTree by Hilton-Houston Greenway Plaza.
Stuart Bernstein of Austin is Owner and Partner at CapRidge Partners. He is the former Director of the $2B Emerging Manager Program at the Teacher Retirement System of Texas (“TRS”) overseeing investments in early stage or middle market opportunities across real estate and private equity. Stuart is the Chairman of the Young Presidents’ Organization and formerly served on the M.D. Anderson Advance Team Board. Stuart is an active member of the Pension Real Estate Association, and the National Association of Real Estate Investment Managers.
Chance Brown of Cypress is the owner of CB&A, REALTORS®, which manages more than 500 REALTORS® across six offices in two markets in Texas. He is a former director of the National Association of REALTORS®, Texas Association of REALTORS®, and the Houston Association of REALTORS®. Additionally, he is the executive director of the CB&A Foundation, a director of Big Brothers Big Sisters of Greater Houston, a former member of the Sam Houston State Alumni Board of Directors, and a committee member for the Houston Livestock Show and Rodeo.
Renee Harvey Lowe of Clarksville is the owner of Century 21 Renee Harvey Properties. She is a member of the REALTORS® Land Institute, the Paris Board of REALTORS®, the Greater Texoma Board of REALTORS®, the Texarkana Board of REALTORS®, the Greater Tyler Board of REALTORS®, and the Tulsa Board of REALTORS®. Additionally, she is the director of the Paris Junior College Memorial Foundation and past chair of the Paris Regional Medical Center. Harvey received a Bachelor of Science in Marketing from North Texas State University.
The Texas Real Estate Commission is pleased to welcome three new members. Chance Brown, Renee Harvey Lowe, and Stuart Bernstein were confirmed by the Texas Senate on April 26, 2023. Texas Governor Greg Abbott appointed them for terms set to expire on January 31, 2029.
Harvey Lowe and Brown will both serve as broker members, Bernstein will serve as a public member of TREC.
Around 1% of Texas Real Estate Commission license holders are the subject of a complaint, and in 2022, slightly more than 5% of all complaints received by TREC were related to advertising issues.
Many advertising-related complaints can be handled easily, from adding missing brokerage information on for sale signs to adding missing required links on a license holder’s website. Because of these simple remedies, TREC is launching the Advertising Compliance Program, which will streamline the processing of complaints that deal only with advertising violations.
If you feel there has been a violation of The Real Estate License Act , or TREC rules
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