Fannie Mae, Freddie Mac, and the Department of Housing and Urban Development (HUD) have created new guidelines for Reconsideration of Value (ROV) policies with clearer expectations for lenders, appraisers, and borrowers.
ROVs are used when borrowers wish to appeal an appraisal when they believe the opinion of value is unsupported, deficient because of unacceptable appraisal practices, or reflects discriminatory practices.
The Sunset Advisory Commission is conducting a special-purpose review of the Texas Real Estate Commission (星空体育app下载). By law, the scope of the review is strictly limited to reviewing the legally required disclosures made by a seller of real property and the associated disclosure forms developed by 星空体育app下载. Sunset staff welcomes public comments related to this topic.
Continuing Education (CE) providers play a key role in ensuring real estate professionals receive ongoing training. 星空体育app下载 Rule 535.75 outlines important responsibilities that CE providers must adhere to.
Want your real estate continuing education (CE) submission process to go more smoothly? Use this checklist each time you submit an application.
Remember, CE course fees must be calculated based on the following information. All courses must include the base fee and content review fee. In addition to the base and content review fees, fees for each delivery method in which the course will be offered are required.
During the May 2024 星空体育app下载 Meeting, the Commission proposed a new rule to address broker succession when the designated broker for a business entity passes away.
Record-breaking attendance made the 星空体育app下载 Meeting in Dallas-Fort Worth (DFW) a standout and marks the Commission's second out-of-Austin meeting. Branching out of the Texas Capitol Complex in Austin鈥攚here 星空体育app下载 is headquartered鈥攊s an initiative that began last year in an effort to connect with more license holders and Texans. Houston was the first stop in 2023 with roughly 80 attendees.
They are still happening: Real estate leasing scams continue to pose a threat to property owners in Texas, especially in the greater Houston area, prompting the Texas Real Estate Commission (星空体育app下载) to issue warnings such as this press release sent to more than a dozen news outlets鈥攎ost of them based in the southeastern part of the state鈥攊ncluding
The Texas Real Estate Commission Meeting is at 10:00 a.m.听CT in Dallas.
听补苍诲听download materials.听
The Texas Real Estate Commission鈥檚 Enforcement Division has 37 people鈥�10 attorneys, legal assistants, and investigators. They enforce the laws and rules that regulate real estate brokers, sales agents, real estate inspectors, and timeshare plans, through the investigation of consumer complaints. They also review the fitness of an applicant for licensure.
The only way enforcement can initiate an investigation is through a filed complaint, which can be done by anyone.
Lowering broker education requirements, raising experience requirements? What about broker associates? These are some of the questions raised during the Texas Broker Responsibility Advisory Committee鈥檚 (BRAC) April 23 meeting.
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The Inspector Committee held its regularly scheduled meeting on April 13th. Due to social distancing rules throughout the state, the meeting was held via teleconference. This was the first time in my tenure that this has happened. A huge thank you goes out to 星空体育app下载 staff for getting this put together quickly to help us all stay safe while still getting the important work done that we need to.
This spring has been one of unimaginable changes for the agency, industry, and the world. COVID-19 and all that has come with it聽continues to聽make聽ripples throughout the country. 星空体育app下载 staff have been hard at work to keep things moving at the agency while continuing to provide excellent customer service and聽timely聽processing of applications.
The last few months have seen some unprecedented events happen in the world around us.听 The COVID-19 virus has brought much of the world to a screeching halt.听 In the interest of keeping everyone as safe as possible, the meeting of the full Inspector Committee scheduled for April 13th will not be conducted at the 星空体育app下载 building in Austin.听 The meeting will continue as scheduled, but it will be done via teleconference.听 Please check the 星空体育app下载 website for more details on how to call in
The month of March was one for the record books for us all. We started the month learning about the 鈥淐oronavirus鈥� and by the end of the month, life as we know it was monumentally altered. Our staff came together quickly to orchestrate a colossal shift of our workforce to remote work. Our team remains energetic and determined to support license holders.
The Inspector Committee met recently at the Texas Real Estate Commission headquarters in Austin. 聽The committee welcomed its newest member, Scott Regan, to the Inspector Committee. 聽Scott comes with over 15 y
ears of experience in the field as an inspector, HVAC licensee, plumbing licensee and educator. 聽We look forward to Scott鈥檚 impact on the committee.
Change is in the air!聽 A new year, a new decade, and of course changes at 星空体育app下载 too.听 I start the year and this new position as 星空体育app下载鈥檚 executive director with great expectations and excitement for the future.听 My predecessor, Doug Oldmixon鈥檚 presence will continue through March, which is very helpful to me and our agency through this leadership transition.听 I am grateful for the gradual transition and Doug鈥檚 willingness to impart his knowledge.听 Doug will leave behind a legacy of strong leader
December is upon us and the Holiday Season has begun in earnest. From our agency to your offices and homes, we wish you all the very best of blessings of the Season and a prosperous New Year in 2020. At 星空体育app下载 & TALCB we are celebrating the selection of our next Executive Director and Commissioner who will take on those responsibilities effective January 1st.
I find it hard to believe it is almost the end of 2019 already! We have been so busy that the time truly seems to have flown by. The Holiday Season is now upon us and we are looking forward to the New Year with great anticipation. Let me wish each of you all the very best during this special time of year!
The newly proposed process for qualifying inspector education was up for adoption at the November 星空体育app下载 meeting.听 However, the Commission postponed consideration to adopt these rules at the request of the Governor鈥檚 office. Senate Bill 1995 was passed last legislative session that creates a division within the Governor鈥檚 office to review all agency proposed rules that affect market competition before the rule is adopted or implemented.
It鈥檚 been a busy fall for 星空体育app下载 and the Inspector Committee. We continue to implement the Sunset recommendations and statutory changes, most of which will be considered for adoption at the November 19th Commission meeting, including the amendments to the inspector qualifying education rules. If adopted by the Commission at the November meeting, these new requirements will take effect on May 1, 2020.
The Texas Real Estate Commission聽(星空体育app下载)聽has received many comments and requests related to license holders鈥� involvement聽in the events that occurred聽at the US Capitol on January 6, 2021.听The Commission聽is聽limited in聽the action it may take聽against real estate license holders聽by聽,听迟丑别
AUSTIN, TX 鈥� The Texas Real Estate Commission (星空体育app下载) will launch the second phase of the education provider audit program in January 2021.听 星空体育app下载 rules give staff authority to audit education providers and permits staff to conduct on-site audits without prior notice.听 Staff may also enroll in and attend a course without identifying themselves as 星空体育app下载 employees.听
AUSTIN, TX 鈥� The Texas Real Estate Commission聽(星空体育app下载)聽is pleased to announce Regina Durden, purchasing manager,聽was named聽鈥淲oman of the Year鈥澛燽y聽the Executive Women in Texas Government聽(EWTG). The announcement of this prestigious award聽was made聽at the November 2020 EWTG conference.听Ms. Durden is the first recipient of this award at the Texas Real Estate Commission.听Congratulations go to Ms.
The Texas Real Estate Commission (星空体育app下载)聽is聽pleased to announce the聽updated聽CE Posting System.
AUSTIN, TX - The Texas Real Estate Commission (星空体育app下载) is pleased to welcome Abby Lee as Deputy General Counsel of the Texas Real Estate Commission effective October 20, 2020.
The Texas Real Estate Commission has temporarily closed lobby access to members of the public. Our highest priority is the health and well-being of the consumers of Texas and our staff.听 The agency will remain open to provide assistance via phone and email.
The contact center hours of operation are 7:00 am to 6:00 pm, Monday-Friday.听 Please call 512-936-3000 to speak to a representative.
The Texas Real Commission is accepting applications for appointment for two inspectors and one public member positions of the Texas Real Estate Inspector Committee.
星空体育app下载 and TALCB have launched a survey to help聽gather feedback about the agency's聽websites.听will help 星空体育app下载 and TALCB better serve Texans in all matters related to real estate and appraisal services.
We value your opinion and appreciate your time. Thank you for participating.
Last month,鈥痶he聽company聽星空体育app下载听补苍诲听TALCB聽contracts with to聽collect and聽shred documents mistakenly collected mail delivered to the agency.
The Texas Real Estate Commission (星空体育app下载), and Texas Appraiser Licensing and Certification Board (TALCB) is pleased to announce the promotion of Tawana Hood to Director of Human Resources. Mrs. Hood will oversee all human resources duties for the agency, including employee benefits, payroll, and staff relations. Mrs. Hood has worked for 星空体育app下载 and TALCB since 2018 as a human resources generalist.
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The 星空体育app下载 Education & Examinations Division will launch the next phase of the education provider audit program in January of 2021.听 gives staff the authority to conduct on-site audits without prior notice as well as enroll in and attend courses without identifying themselves as employees of the Commissio
When preparing course applications, be sure they are filled out completely, all necessary documents are included and the fee is accurately calculated.听 Course applications and fees received separately will be sent back to the provider.听
All providers are required to provide each student with a course evaluation form approved by the Commission or Board.
Qualifying course examinations must satisfy .听 This means:
The Education Standards Advisory Committee (ESAC) met on October 5, 2020, to continue to diligent聽work聽of the聽committee.听聽
Classroom courses聽for real estate license holders and inspectors require聽the instructor and聽the聽student to interact face-to-face and in real time, either in the same physical location, or though technology.听聽Since the beginning of the COVID-19 pandemic,聽many courses聽that聽historically聽were聽offered in a classroom,聽are now being offered聽virtually.听聽In fact, the number of classroom courses taught virtually has skyrocketed.听
The Texas Real Estate Commission is accepting applications for appointment for four real estate license holders members and two education members to the Education Standards Advisory Committee (ESAC).听 Committee members will serve a two-year term beginning January 1, 2021, and expiring December 31, 2022. Real estate license holders applying must have been actively engaged in the practice of real estate for the five years preceding the appointment.
In light of the current COVID-19 pandemic, 星空体育app下载 understands that some inspector applicants may find it challenging to complete the in-person ride-along course required for licensure.
To implement requirements in the agency鈥檚 Sunset bill, the Commission recently adopted rules eliminating 星空体育app下载 licenses for instructors.听 However, the standards that set the qualifications for instructors did not change.听 Effective September 1, education providers are now responsible to ensure instructors meet the qualifications to teach a course.
To implement provisions in the agency鈥檚 recent Sunset bill, 星空体育app下载 has proposed rules to eliminate instructor licensing.听 The proposed rules are expected to be adopted at the August Commission meeting with an effective date of September 1, 2019.
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