5 Recent Changes to TREC Rules for Real Estate Sales Agents & Brokers

Did you know that the Texas Real Estate Commission (TREC) recently made a few changes that affect you as a sales agent or broker? Recent meetings approved five TREC rules aimed at enhancing broker responsibility and bolstering consumer protections. It’s vital that you keep up with all the latest changes to stay compliant.

Real Estate Brokerage Course (TREC Rule 535.64)

If you’re renewing your license for the first time, you must now complete a TREC approved 30-hour Real Estate Brokerage course as part of your SAE requirements. The course intends to promote greater agent/broker responsibility.  License Classroom offers this as an individual 30-Hour Real Estate Brokerage course and as part of both our SAE First-Time License Renewal Packages!

Broker Assistance (TREC Rule 535.2)

Brokers must now provide sales agents with more training and assistance when they first conduct a new type of real estate brokerage activity. TREC increased the minimum number of times a competent license holder must provide assistance from one to three times. A lot of brokerages offer additional training and mentorship opportunities beyond the minimum requirement.

Elimination of “Lookback Period” for License Renewal (TREC Rule 535.93)

TREC eliminated the “lookback period” that allowed agents to renew their licenses after the expiration date without a lapse in active licensure. When licenses expire, they will automatically go inactive, and any sales agent or broker relationships will be terminated. Your license will now renew on inactive status if you renew late (within six months after the expiration).

Prevent your license from going inactive, facing late fees or fines, and losing time with your clients. License Classroom’s SAE and CE courses are informative, easy to use, and able to be completed quickly.

Timely Responses (TREC Rule 535.157)

A broker or sales agent that is representing a party in a transaction must respond within two calendar days to their principal, another party’s representative, or an unrepresented party. It’s important to note the rule states “calendar” days, which means you must reply even on a weekend or holiday.

Broker Responsibility Advisory Committee (TREC Rule 535.46)

The Broker Responsibility Advisory Committee (BRAC) was established to examine issues around broker responsibility and advise TREC. BRAC may also make recommendations for legislative changes or TREC rules regarding broker responsibility that affect the industry and consumers. License Classroom follows these changes closely and keeps our courses updated to the Committee’s standards.