The changes listed below, recommended by the Broker-Lawyer Committee, were adopted by the Texas Real Estate Commission during its November 4 meeting. These apply to all contract forms unless specified otherwise.

Multiple contract form changes were adopted by the Texas Real Estate Commission during the November 4 TREC Meeting after being recommended by the Broker-Lawyer Committee (BLC). Some of those changes are in response to industry practice changes around broker compensation.

“This has been a topic of interest across the whole industry and represents a lot of hard work on behalf of the Broker-Lawyer Committee and staff,” said TREC Executive Director Chelsea Buchholtz. “This is ongoing. We are not finished yet.”

With the notion of keeping everything under one roof, Texas Real Estate Commission (TREC) staff took on a new part of the development of the 2024-2025 Legal Update I & II courses. Thanks to the skills and talent of TREC Director of Government and Strategic Communications Summer Mandell, this book was wholly produced in-house, to include the design of the course materials.

During the Texas Real Estate Commission’s Education Standards Advisory Committee (ESAC) meeting on October 7, the group reviewed three rules regarding course proctoring and student identification requirements. Multiple changes were recommended but before a dig into the highlights, a congratulations.