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.”

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.