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BLC Discusses Pending NAR Settlement and Whether it Affects TREC Forms

The Texas Broker-Lawyer Committee (BLC) met April 12 and discussed the National Association of Realtors proposed settlement agreement for a lawsuit it is involved with related to commissions that may affect members of NAR, Texas Realtors, and local boards of Realtors—all voluntary membership organizations. While many TREC license holders are members, not all of them are, nor are they required to be.

Broker-Lawyer Committee to Discuss Public Comments on Compensation, TREC Form Considerations

If you've been wondering if the recent NAR settlement announcement relates to TREC, livestream the next Texas Broker-Lawyer Committee (BLC) meeting on Friday, April 12 at 9 a.m. CT. BLC members will review public comments it has received and discuss how NAR’s situation may affect TREC forms.

TREC is not involved in the litigation. TREC has narrow regulatory authority over license holder compensation—specifically, that a broker is the one who gets paid. However, some contract form language may be impacted.

ESAC Recap: Principles I & II Updates, Law of Agency Course Review

The Texas Real Estate Commission’s Education Standards Advisory Committee (ESAC) met virtually on April 1. Discussion opened with the Principles of Real Estate I & II courses.

ESAC is moving forward with a recommendation to revise these course approval forms.

The Committee then reviewed changes to the Law of Agency course approval form which were made based on recommendations from ESAC’s last meeting.

How To Make All Your Fee Payments Online

Whether you are applying for a new license, renewing your license, setting up a business entity registration, and more, the best and most secure way to pay Texas Real Estate Commission (TREC) fees is through the agency’s online services portal. Plus, you can pay online whenever is convenient for you—the tool is available 24 hours a day, seven days a week, and 365 days a year.

The following visual explainers show you how to securely make your payments online.

What Happened During the First TREC Meeting of 2024

The Texas Real Estate Commission met on February 12 with a full crowd of Texas Realtors in attendance. This was the first opportunity in 2024 for license holders to earn up to four hours of CE credit during a Commission meeting. It was also an opportunity for those in attendance and watching the livestream to learn about the various functions of the agency, hear public comments, witness the form adoption process, and more. Read on for more highlights from the event.

Is Your CE Credit More Than Two Years Old? Read This Before You Go Inactive

Maybe you’re taking a break from the business, planning to switch brokerages, or intended to temporarily terminate your sponsorship relationship. No matter the reason, awareness of your continuing education (CE) completion date will save you from surprises when you’re ready to go active again.

Broker-Lawyer Committee Highlight: Clearing Up Confusion Over Proposed MUD Notice

The Texas Real Estate Commission’s Broker-Lawyer Committee (BLC) had its first meeting of the year on January 12. The committee discussed potential form changes, reviewed public comments, and took a deep dive into recent case law, but one notice stole a chunk of the conversation. Here are some of the highlights.