"How do we raise the bar of professionalism?"

"We need more broker responsibility."

"I work with people on the other side of a contract who don’t know what they are doing. They don’t even know the name of their broker!" 

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.

In late January, the Texas Real Estate Commission launched an online survey to gather information from wholesalers, consumers who have purchased from or sold property to wholesalers, and license holders who have represented a party in a wholesaling transaction.

Greetings from Austin. We are just on the other side of another Commission meeting and participation in Texas REALTORS Winter Meeting. I love that these two events occur at the same time in Austin so that attendees of the Winter Meeting can also attend the Commission meeting (and receive CE credit). And with Texas REALTORS as TREC's largest stakeholder group, participating in Winter Meeting is a wonderful opportunity to be with license holders.

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.

TREC’s Broker-Lawyer Committee met January 14 to discuss public comments and potential changes to the Farm and Ranch Contract and other contract forms. Here are some takeaways from the meeting.

Effective February 1, the Property Inspection Report form (REI 7-6) is required for all real estate inspections performed in Texas.

The form reflects changes made to the Standards of Practice (SOPs), plus an updated preamble that