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Texas Real Estate Inspector Committee Discusses Single-Item Inspections, Two-Day Report Delivery Clarification, and Expired Licenses

The Texas Real Estate Inspector Committee (TREIC) met April 18 and talked about hot topic issues, including how inspectors must handle single-item inspections, clarifications to 535.222, Inspection Reports, and expired licenses. Read on for more takeaways.

Don’t Want to Retake the Licensing Exam? Make Sure You Renew Before This Deadline

It’s been more than two years since the pandemic changed the real estate landscape and how you do business, and your license renewal may not be on your mind. But now is the time to ensure your license hasn’t been expired for more than two years, which requires you to take extra steps to renew.

Top Takeaways from the Latest TREC Meeting

The Texas Real Estate Commission met May 2, 2022. In addition to hearing updates from TREC staff, the Commission contemplated a proposed new flood disclosure form for leases, non-substantive proposed changes from the quadrennial rule review, and adopted a rule change for easement or right-of-way (ERW) agents. The Commission also heard a presentation from Gary Maler, executive director of the Texas Real Estate Research Center at Texas A&M University.

Broker Responsibility Working Group Recommends Response Times for Brokers and Sales Agents, Increased Oversight of Sales Agents’ First-Time Brokerage Activity

The Broker Responsibility Working Group (BRWG) met April 13 and made two proposed recommendations that will be discussed during the next TREC Workshop on May 3. Feedback from the TREC Workshop discussion will be part of the next BRWG meeting in July.

Education Standards Advisory Committee Recap: Broker-Agent Relationship Education, Future Review of Property Management Course

The TREC Education Standards Advisory Committee (ESAC) met April 4. Members of the committee made plans to review the qualifying course outline for property management and discussed how to incorporate education on the broker-agent relationship in existing courses.

3 Places You May Need to Update the Consumer Protection Notice

A bill passed during the 87th Texas Legislative Session moved the regulation of residential service companies, also known as home warranty companies, from the Texas Real Estate Commission to the Texas Department of Licensing and Regulation (TDLR). TREC adopted a change to the Consumer Protection Notice (CPN) during its February meeting to remove a reference to home warranty companies being regulated by TREC.

Updates from the TREC Meeting

The Texas Real Estate Commission met February 14, 2022. In addition to hearing updates from TREC staff, the Commission elected Jan Fite Miller as vice chair and Jason Hartgraves as secretary. Read on for information on adopted and proposed rule changes.