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TX HB3913
Bill
Status
3/6/2025
Primary Sponsor
Sam Harless
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AI Summary
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Simplifies qualifying real estate course requirements by removing detailed statutory topic lists for courses like agency law, contract law, property management, and real estate finance, giving the Texas Real Estate Commission more flexibility to set curriculum through rulemaking
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Requires license holders working with prospective residential property buyers to enter into written agreements before showing properties or presenting offers, specifying services provided, termination date, exclusivity, representation status, and compensation amount with disclosure that fees are negotiable
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Allows brokers to show properties to unrepresented parties without creating an agency relationship, provided they make required disclosures and do not offer advice, opinions, or perform other brokerage acts beyond confirming basic property information
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Expands broker responsibility course requirements to apply to all licensed brokers and supervising sales agents (not just sponsoring brokers), and adds completion of this course as a requirement for broker license applicants
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Updates license holder information requirements to include business address and requires associated brokers to report the name of their supervising broker; exempts public high schools from commission approval standards for qualifying real estate education programs
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Takes effect January 1, 2026, with transition provisions allowing applications and complaints filed before that date to be governed by prior law
Legislative Description
Relating to the licensing and regulation of certain real estate professionals by the Texas Real Estate Commission.
Property Interests
Last Action
Laid on the table subject to call
5/8/2025