The Broker Responsibility Advisory Committee (BRAC) met on October 15 to review public comments and discuss concerns related to transaction coordinators and the completion of the Information About Brokerage Services (IABS) form.
The committee considered proposed changes to Texas Real Estate Commission (TREC) Rule 535.56, which covers education and experience requirements for obtaining a broker license. These changes, first proposed in August, include increasing the experience points needed for a broker’s license from 360 to 720. The recommendation also limits the credit given for a bachelor’s degree to 300 hours of real estate-related education, while maintaining the current requirement of 900 education hours for licensure.
Additional proposed changes would allow up to 300 hours of the required 630 real estate education hours to be substituted with experience points earned above the minimum. The calculation for property management experience would shift to a per property per year basis, instead of just per property. The method for calculating brokerage management or delegated supervisor experience would change to a points-per-transaction model.
Currently, applicants receive full credit for the 630 hours of real estate education with a bachelor’s degree, and must have at least four years of active experience within the past five years, totaling 360 experience points.
After reviewing feedback from the public, BRAC recommended that the Commission adopt these proposed changes.
During the meeting, the committee also discussed issues related to transaction coordinators and showing agents who provide services for multiple brokerages. This topic will be addressed further in future meetings.
Concerns were raised about agents not fully completing the IABS form, which may cause confusion for consumers regarding whom to contact during transactions. The committee recommended that TREC provide additional education to license holders on properly completing this form.
Meeting materials and a recording are available for download. The next BRAC meeting is scheduled for January 14, 2026.
