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Executive

Beware of Possible Scams before Sending Money via Wire Transfer

Before wiring money for an escrow deposit or to close on a home purchase, License Holders should make sure to talk with their clients to ensure they are sending funds to the correct recipient and account.  Consumers should not rely on instructions sent by email without contacting their broker or sales agent to verify the instructions are correct, since emails may be hijacked by potential scammers. Check out this article for more information on what to look out for and avoid.

A Closer Look at the 2019 Legislative Session

The 2019 Legislative Session concluded on May 27. With over 7,000 bills filed by legislators, this session was a busy one.  While the Agency’s primary focus this session was on our Sunset legislation, we did keep our eye on the progress of several bills that could have impacted the Agency in one way or another.

Below is a list the bills that passed and a brief summary of their impact the regulatory authority of the Agency. In case you missed it, we hosted a Facebook LIVE discussing these bills and more. Check out the video below: 

Branch Office License Update

As a result of changes recommended by TREC and implemented by the Agency’s sunset bill, a separate license certificate displaying the address for each branch office maintained by a broker or brokerage will no longer be required as of September 1, 2019,

Getting to Know Chair Scott Kesner

Scott Kesner was appointed chair of the Texas Real Estate Commission on April 25, 2019. With more than 25 years of experience, this appointment is another highlight in Scott's long career.  Chair Kesner recently traveled to Austin from his home city of El Paso to meet with Agency senior staff and learn more about the Commission. He spent the day speaking to each director, learning about everything from enforcement to communications to technology. We sat down with Scott to ask him some questions about his experiences and learn more about his plans.

From the Deputy Executive Director - June 2019

The 2019 Legislative Session is finished. While there was no legislative action that specifically relates to the regulation of inspectors, the Agency Sunset Bill passed, which deals directly with the regulatory authority of this Agency. Several other bills that impact the licensing authority of all regulatory agencies also passed. The Agency is determining what rules need to be recommended, some of which will likely come before the Inspector Committee at its July 15 meeting. 

From the Chair - June 2019

The Commission met for its regular quarterly business meeting on Monday, May 6th and we had a full agenda.  It was my very first meeting presiding as the newly appointed and confirmed Chair, so it was quite an experience getting prepared in the very short period after my confirmation on April 24th.  At this meeting, we also welcomed two new Commissioners who were confirmed on May 1st - Barbara Russell of Denton and Chief Deputy Sherriff Jason Hartgraves of Dallas County.