Bill > HB3913

This bill introduces several key changes to the licensing and regulation of real estate professionals in Texas by the Texas Real Estate Commission. The bill modifies the definition of qualifying real estate courses by simplifying the detailed topic descriptions for various course categories, streamlines educational requirements for broker and sales agent licenses, and introduces new provisions for real estate transactions. Notably, the bill requires brokers to enter into written agreements with prospective buyers before showing residential properties or presenting purchase offers, mandates specific disclosures about representation and compensation, and allows brokers to show properties without representing the buyer under certain conditions. The bill also updates requirements for license holders, including expanding the information they must provide to the commission, such as business addresses and contact details, and adds a new ground for disciplinary action if a broker fails to enter into the required written agreement with a prospective buyer. Additionally, the bill makes changes to broker responsibility courses, clarifies commission rules about gifts and donations, and modifies notification procedures for investigations. The changes are designed to enhance transparency, professionalism, and consumer protection in real estate transactions, with most provisions set to take effect on January 1, 2026.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3913