News from TREC - August 2023
TREC Advisor Newsletter Banner [ [link removed] ]
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TREC Meeting Recap [ [link removed] ]
Rule Changes and Proposals from the August TREC Meeting
During the latest TREC Meeting, commissioners considered rule changes up for adoption, new proposed changes, and conducted emergency rulemaking resulting from the 88th Texas Legislature. Find out about updates to the "Seller's Disclosure Notice" and "Consumer Protection Notice", plus adopted rules about earning CE from TREC Meetings and a new advisory committee.
*Read More* [ [link removed] ]
Woman at desk smiling at camera [ [link removed] ]
Renewing Your Sales Agent License for the First Time? Check Out This New Requirement
Effective October 1, 2023, sales agents renewing their license for the first time?both active and inactive?are required to complete an approved 30-hour Real Estate Brokerage course as part of their 90 hours of Sales Agent Apprentice Education (SAE). This change was adopted during the?May Commission meeting. Find out more about?sales agents' first-time renewal requirements.
*Read More* [ [link removed] ]
Mousetrap and house keys [ [link removed] ]
Beware of Seller Fraud, Deed Fraud, and Seller Impersonation
Prime property targets for fraud include vacation homes, second homes, rental properties, and any other type where the tax mailing address is different than the property owner?s address. Get more information about what these scams entail, red flags, and who to contact if you or someone you know falls victim to these schemes.
*Read More* [ [link removed] ]
Apply for the New Broker Responsibility Advisory Committee
The Commission is seeking to appoint nine broker members to the new Broker Responsibility Advisory Committee. Like other Commission advisory committees, BRAC could make recommendations for rule changes or legislative changes associated with broker responsibility that affect the real estate industry and consumers. If you are interested in serving on this new committee,?apply by August 29, 2023 [ [link removed] ].?
*Read More* [ [link removed] ]
Education Standards Advisory Committee Accepting Applications for Members
The Texas Real Estate Commission's?Education Standards Advisory Committee (ESAC) [ [link removed] ]?is?accepting applications?to fill
* Two education member positions by real estate instructors or owners of real estate schools, accredited by the Commission, that provide qualifying or continuing education
* Three real estate license holder positions
* One public member position.
Applications are due by 5 p.m. CT on Monday, August 14 [ [link removed] ].?
*Read More* [ [link removed] ]
TREC Updates
New Process to Streamline Advertising Complaints
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. Read more [ [link removed] ]
One Bill License Holders Should Know About?
The 88th Texas Legislature, Regular Session, began January 10, 2023, and ended May 29, 2023. One bill of relevance to Texas real estate license holders is Senate Bill 1577. Read more [ [link removed] ]
Resources & Events
* *TREC and TALCB Closed in Observance of Labor Day: September 4* [ [link removed] ]
* *TREC Education Standards Advisory Committee Meeting: October 2* [ [link removed] ]
* *TREC Broker Responsibility Working Group Meeting: October 11 [ [link removed] ]*
* *TREC Broker-Lawyer Committee Meeting: October 13 [ [link removed] ]*
* *Texas Real Estate Inspector Committee Meeting: October 16 [ [link removed] ]*
* *TREC Meeting: November 6 [ [link removed] ]*
* *Work at TREC: View the latest job listings [ [link removed] ]*
* *View TREC disciplinary actions [ [link removed] ]*
*View TREC Calendar* [ [link removed] ]
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