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TREC: New Year Brings Big Changes for Broker Applicants

At its October meeting, the Texas Real Estate Commission adopted rules that change the requirements to obtain a real estate broker license in the state of Texas effective January 1, 2012. Amendments to the rules driven by the passage of Senate Bill 747 establish requirements for “active experience” to qualify for a broker license. The Commission approved these changes to strengthen the qualifications... 

TREC Advisor Newsletter – Oct 2011

The Texas Real Estate Commission’s latest edition of the TREC Advisor Newslatter is now available for download.  The newsletter contains several stories that Texas REALTORS® may find valuable, including: An explanation of the new broker license requirements (Page 1) A user’s guide to new TREC form changes (Page 3) How new legislation impacts Broker Price Opinions (Page 4) Semi-Independent,... 

TREC Passes Emergency Rules Implementing New Laws

At the Texas Real Estate Commission’s August meeting, the commission took action on several aspects of SB 747. Why should you care? Because this bill contains many provisions affecting salespeople and brokers, including … Shortening the time you’re allowed to “late” renew your license Requiring certain brokerages to file a new form Changing the experience requirements... 

TREC and TALCB Announce Move to the Capitol Complex

The Texas Real Estate Commission and Texas Appraiser Licensing & Certification Board are moving to new offices in July. The Texas Real Estate Commission and the Texas Appraiser Licensing and Certification Board are pleased to announce their move in July to the Stephen F. Austin state office building located at 1700 North Congress Avenue in Austin. The agency will begin moving its file room on... 

Texas Legislature Concludes with Major Wins for Texas REALTORS®

The 82nd Regular Session of the Texas Legislature has wrapped up, and Texas REALTORS® scored several major political victories.  June 19, 2011 was the deadline for Gov. Rick Perry to veto any legislation passed during the Session.  The deadline passed and Gov. Perry chose not to veto any of TAR’s priority legislation passed during the session.  Therefore, many pro-consumer and pro-REALTOR®... 

TREC Adopts New Advertising Rules

Section 1101.652(b)(23) of The License Act prohibits a licensee from publishing an advertisement “that misleads or is likely to deceive the public, tends to create a misleading impression, or fails to identify the person causing the advertisement to be published as a licensed broker or agent.” This provision can be broken down into two component parts: It prohibits misleading advertising and it... 
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