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Texas Real Estate License Act has changed!

By
Real Estate Broker/Owner with Gwynn Teal Carpenter-Broker: Home and Hearth Realty (Austin)

I'm excited!   

We have changes coming to the Texas Real Estate License Act.  Texas Association of REALTORS® continually supports reforms that revamps the TREA....and I appreciate it very much.

So what makes me excited, you ask?  One simple thing....A salesperson must be licensed four years, up from two, to obtain a broker's license.

I've always thought that a person who can get a Broker's license after only 2 years in the business was a liability waiting to happen!  Can you remember what you were like after only two years in real estate?  What you knew most likely could have fit on a postage stamp...

Being a Broker means more than another license, more fees and being 'THE BOSS'.  You must keep up with the ever changing landscape of the REAL ESTATE profession.  You are responsible for knowing more, higher standards, changing stategies, overseeing newbies as well as veterans, reining in KNOW IT ALLs and loosening the rein on quality, rule abiding, producing agents.

And to help you do all that and more, there was one more change that made sense....and it is:  A broker who sponsors a salesperson and any broker or salesperson who has management authority over other licensees must take a six-hour broker responsibility course, which counts toward the required 15 hours of MCE.

Now that I'm excited about....maybe those who call themselves Brokers will become more knowledgeable in the next year and I won't add their numbers to my speed dial                                                            when I'm working with an agent from their respective brokerage firm. 

Posted by

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Home and Hearth Realty, Inc.

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Gwynn Teal Carpenter ... the Realtor with an Austin Attitude - laid back with professional results!

Making real estate fun and exciting in Austin, Texas and the surrounding area. Home and Hearth Realty helps you find your way in the real estate maze. We talk with you in a relaxed informal manner and guide you through the process whether you are selling your home or purchasing one. We work for you, and explain everything in terms you can understand.

Check out my real estate philosophy - www.homeandhearthrealty.com

Austin Board of Realtors and San Antonio Board of Realtors

Questions about real estate, Austin Texas, relocation or anything else will be gladly answered if you shoot me an email to: 

gwynn@homeandhearthrealty.com

Comments (8)

Richard Weeks
Dallas, TX
REALTOR®, Broker

I like the change regarding broker or office managers taking the additional course.  The 4 year requirement not so crazy about that rule change.

Jun 23, 2011 07:09 AM
Gwynn Carpenter
Gwynn Teal Carpenter-Broker: Home and Hearth Realty (Austin) - Austin, TX
: Broker, Home & Hearth Realty (512)467-6191

It amazes me how broker's get their licenses and still don't know "squat" about running a business or managing agents.  This change is for the best. 

Jun 23, 2011 07:16 AM
Heather Russo
Keller Williams Realty - Kerrville - Kerrville, TX
SRES , REALTOR, Kerrville, Texas Homes for Sale

YES! I am so glad that people have to actually be licensed for the four years now! Now, if they would only require these new Brokers to have sold at least XXX number of properties as well!!! *snicker*

I'm re-blogging with the above!!! :o)

Jun 23, 2011 08:26 AM
Gwynn Carpenter
Gwynn Teal Carpenter-Broker: Home and Hearth Realty (Austin) - Austin, TX
: Broker, Home & Hearth Realty (512)467-6191

Heather:  Again thanks for the re-blog.  I've run across those "Brokers" of two years and they know NOTHING.  I had to take one of them to the Board for using my listings without permission on Craigslist....wasn't a pleasant experience.

Jun 23, 2011 08:45 AM
Suzy Echols
Avenue Real Estate - Dallas, TX

Gwynn- Thanks for posting! I was just reading all the changes and am excited as well. A Broker should know more and be a reliable resource for their agents. Good job TRELA!

Jun 23, 2011 10:14 AM
Gwynn Carpenter
Gwynn Teal Carpenter-Broker: Home and Hearth Realty (Austin) - Austin, TX
: Broker, Home & Hearth Realty (512)467-6191

Suzy:  Thanks....I couldn't pass up the chance to show others that Texas is always tweaking with TRELA and making our Realtors some of the best in the profession.....and this will only strengthen us.

Jun 23, 2011 10:52 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

I have been teaching pre license students and MCE students for many years.  I can tell you there are many brokers who have been in business for years that have no idea what they are doing.

Jun 23, 2011 01:07 PM
Gwynn Carpenter
Gwynn Teal Carpenter-Broker: Home and Hearth Realty (Austin) - Austin, TX
: Broker, Home & Hearth Realty (512)467-6191

Richard: I hear you...I've worked with some of those clueless Brokers.

Jun 24, 2011 11:00 AM