The Texas Real Estate Commission (TREC) is conducting a study on wholesaling and seeking input from consumers, wholesalers, and license holders. Wholesaling is a model where a person enters into a contract to buy real estate and then sells their contractual interest in the property to a third party prior to closing. Take this anonymous survey to help the agency as it examines wholesaling practices and consumer protection measures. The survey should take about five minutes to complete.

During the 87th regular session, the Texas legislature passed SB 1588 which amended Chapter 209 of the Texas Property Code governing certain property owners ' associations (more commonly known as HOAs) to address a number of HOA-related issues, including providing greater transparency in HOA operations and leadership.

We have published the video of the November 2021 "Coffee with the Commission" session. Chair Scott Kesner and Executive Director, Chelsea Buchholtz discussed all the latest from the November Commission meeting and what is coming for 2022.

Last week we celebrated Veterans Day. We have many license holders who have served our country in the military. Your sacrifices have not gone unnoticed, and I am grateful for your service.  

During the November quarterly Commission meeting, several rule changes were proposed and adopted. See the full agenda and materials on the Commission Meetings and Minutes page. The next Commission meeting is scheduled for February 14, 2022 at 10:00 a.m.

Proposed Rules

The Texas Real Estate Inspector Committee met on October 11 via videoconference.  There was not much on the agenda as the committee has covered a lot of ground the last couple of years.  There was a discussion about the new Property Inspection Report Form (REI 7-6) that will be required to be used as of February 1, 2022.  There is a new section in that report form for Gas Distribution System and Gas Appliances.  There was a concern that there might be confusion on where to put deficiencies in gas appliances, such as the water heater, HVAC, etc., since those are specified in other locations