News from TREC - September 2023





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How to Comply With the New Response Time Rule

A new rule effective earlier this summer sets a timeline of two calendar days to respond to parties to a real estate transaction you?re involved in. Here?s what you need to know.

*Read More* [ [link removed] ]

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Two Updated Forms to Use Starting September 1

Legislation passed by the 88th Texas Legislature requires the Texas Real Estate Commission to update two frequently used forms: the?"Consumer Protection Notice"?and the?"Seller?s Disclosure Notice". Find out what changed and where to get the forms.

*Read More* [ [link removed] ]

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License Holders? Contact Information Becomes Private September 1

A bill passed by the 88th Texas Legislature?requires all licensing agencies, including the Texas Real Estate Commission, to remove or redact certain details about applicants and current and past license holders in publicly available information, such as the?TREC website license holder search?or via public information requests.

This legislation enhances your privacy by protecting personal information like your address, telephone number, and email address.

*Read More* [ [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).

*Read More* [ [link removed] ]






TREC Updates

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. Read more [ [link removed] ]

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] ]

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] ]






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 Calendar* [ [link removed] ]














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