TREIC April Meeting Recap: New Evaluation Form, Licensing Rule
Submitted by Sierra Pizarro on Tue, 2023-04-18 17:10The Texas Real Estate Inspector Committee (TREIC) met April 18.
The Texas Real Estate Inspector Committee (TREIC) met April 18.
The Broker Responsibility Working Group (BRWG) met April 12. Members reviewed public comment submitted in response to a new proposed rule, 535.157 — Obligation to Respond Timely, and proposed changes to 535.2 — Broker Responsibility Rule. The group also continued discussion regarding the difference between a broker and a sponsoring broker, and whether there should be additional education requirements for sponsoring brokers.
The Texas Real Estate Commission has launched new enhancements to the online services portal to make it easier for easement or right-of-way agents and brokers to submit certain applications.
The Easement or Right-of-Way Agent or ERW Business initial applications are now available on the online services portal. This allows easement or right-of-way agents to apply online instead of submitting a paper application, although paper applications will still be accepted.
As an Easement or Right-of-Way (ERW) Agent, you must renew your registration every two years. A renewal notice will be sent about 90 days before your expiration date. If your registration expires, you cannot renew it and must re-apply as an ERW agent.
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.
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.
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The process to apply for your Texas broker’s license is easier to understand thanks to a recent rule change.