If you've been wondering if the recent NAR settlement announcement relates to TREC, livestream the next Texas Broker-Lawyer Committee (BLC) meeting on Friday, April 12 at 9 a.m. CT. BLC members will review public comments it has received and discuss how NAR’s situation may affect TREC forms.
TREC is not involved in the litigation. TREC has narrow regulatory authority over license holder compensation—specifically, that a broker is the one who gets paid. However, some contract form language may be impacted.
The livestream will be available for the duration of the meeting, but the public comment review will start at the beginning.
News and Article Category:
Customer Survey
Rules and Laws
Contract Forms