The Texas Real Estate Commission is pleased to announce the launch of our new automated Certified License History tool. This new features allowing anyone to print a certified license history ON DEMAND for FREE! This is just one more way TREC is working to simplify our processes to provide excellent customer service.
Effective February 1, 2021, sales agents and brokers will be required to complete three hours of coursework on the subject of real estate contracts as part of the 18 hours of continuing education (CE) required to renew a license. TREC has made updates to the website to help prepare for the upcoming change.
Yes, but only if the business entity is licensed by TREC. A business entity owned by a broker or a sales agent that receives compensation on behalf of a license holder must hold a business entity broker’s license. If a business entity receives such compensation and does not hold a license, the business entity is engaging in unlicensed activity and the Commission can take action against the entity.
The Commission adopted rules at the August meeting that implement significant changes to the education, experience, and exam requirements for real estate and professional inspectors. These changes are a reflection of the Agency’s commitment to making pre-licensing requirements more impactful while minimizing undue burdens on new applicants entering the industry.
The Commission has proposed several rule changes based on recommendations made by the Broker Lawyer Committee. The revisions to the TREC standard contract forms address issues that have arisen in response to public comments received from the previously posted version of these rules in the June 12 issue of the Texas Register.
Intermediary relationships have been part of The Texas Real Estate License Act (TRELA) for well over a decade. Even though these relationships have been well established, there is still confusion about how it works.
An intermediary is a broker who negotiates a real estate transaction between two parties when a broker, or a sales agent sponsored by the broker, has obtained written consent from the parties to represent both the buyer and the seller. A broker acting as an intermediary can make appointments in some circumstances.
In early March the COVID-19 virus began spreading rapidly throughout the country. The Texas Real Estate Commission (TREC) and Texas Appraiser Licensing and Certification Board (TALCB) took drastic measures to ensure the health and well-being of the staff while continuing to address the questions and concerns of consumers and license holders. TREC and TALCB quickly determined it was best for staff to transition staff working entirely remotely and allocate resources to do so.
We regularly receive questions about the difference between rebates, referrals, and other promotions like drawings and client gifts. First, when you are considering offering any of these make sure your advertisements are upfront and clear about what you are offering. If there are terms and conditions to qualify then you should have them in writing and provide them in your advertisement. If you are a sales agent, seek approval of your sponsoring broker before you start offering rebates, referrals, or other promotions
TREC and Pearson VUE announce licensing exam centers to slowly re-open around the state after swift closure in March in response to the COVID-19 pandemic. TREC partners with Pearson VUE to offer licensing examinations. Pearson VUE operates both company-owned exam sites and third party sites. TREC has authorized the use of all Pearson VUE third party sites to expand exam capacity during this unprecedented time. All sites continue to enforce social distancing measures and safety requirements in line with local jurisdictions. Due to social distancing requirements, exam sites are operating
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