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星空体育app下载's Houston Highlights: Changes to Broker Responsibility & Inspection Reports, 'Lookback Period' Soon to End, Comment Now on Proposed Changes

To reach more license holders, the Texas Real Estate Commission broke away from its Austin headquarters for the first time ever to meet in Houston on May 16. It was 星空体育app下载鈥檚 second meeting of 2023. There were more than 80 attendees.

Welcoming New Commissioners, Thanking the Outgoing

星空体育app下载鈥檚 Chair, Scott Kesner, opened the meeting with a welcome to 星空体育app下载鈥檚 newest Commissioners: Chance Brown, Renee Harvey Lowe, and Stuart Bernstein.

Ongoing Fraud: There's Another Scheme License Holders Should Be Aware Of

The Texas Real Estate Commission is assisting the听听in educating license holders of trending fraud schemes.听

Over the last several months, TLTA is seeing more people fall victim to seller impersonators. Prime target properties are vacant land or investment property such as vacation homes, second homes, rental properties, and any other instance where the tax mailing address is different than the property owner鈥檚 address.

ESAC reviews rule language, recommends 30-hour brokerage course for sales agents

The Texas Real Estate Commission's Education Standards Advisory Committee (ESAC) met April 3.

ESAC听addressed comments received regarding proposed changes to 22 搂TAC 535.64, Content Requirements for Qualifying Real Estate Courses.听 星空体育app下载 staff clarified that the rule proposal simply cleans up the rule language to remove the references to topics required for each course, rather, pointing specifically to each qualifying course approval form to define content.听

Appointees Officially Confirmed to Texas Real Estate Commission

The Texas Real Estate Commission is pleased to welcome three new members. Chance Brown,听Renee Harvey Lowe, and Stuart Bernstein听were confirmed by the Texas Senate on April 26, 2023. Texas Governor Greg Abbott appointed them for terms set to expire on January 31, 2029.听

Harvey Lowe and Brown will both serve as broker members,听Bernstein will serve as a public member of 星空体育app下载.

Broker Responsibility Working Group April meeting recap includes proposed rule changes

The Broker Responsibility Working Group (BRWG)听met April 12. Members reviewed public comment submitted in response to a new proposed rule, 535.157 鈥� Obligation to Respond Timely, and proposed changes to 535.2听鈥斕鼴roker Responsibility Rule.听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.

New Process to Streamline Advertising Complaints

Around 1% of Texas Real Estate Commission license holders are the subject of a complaint, and in 2022, slightly more than 5% of all complaints received by 星空体育app下载 were related to advertising issues.

Many advertising-related complaints can be handled easily, from adding missing brokerage information on for sale signs to adding missing required links on a license holder鈥檚 website. Because of these simple remedies, 星空体育app下载 is launching the Advertising Compliance Program, which will streamline the processing of complaints that deal only with advertising violations.

Don鈥檛 Get Tricked by These Recent Rental Scams

It sounds like an ideal scenario if you鈥檙e a landlord or listing agent for a residential lease: A licensed sales agent submits a prospective tenant鈥檚 application to you with proof of a clean background check and great credit report. But is that tenant鈥檚 agent making life easier for you, or is it a scam?

A Rise in Leasing Fraud

The Texas Real Estate Commission鈥檚 Enforcement Division is urging license holders to do their own research to avoid being part of the rise in complaint investigations involving leasing fraud.