The Broker Responsibility Advisory Committee (BRAC) convened on October 15 to review public comments and address concerns related to transaction coordinators and the completion of the Information About Brokerage Services (IABS) form.
In August, the Texas Real Estate Commission proposed amendments to Rule 535.56, which outlines the education and experience requirements for obtaining a broker license. These changes were recommended by BRAC.
The proposed modifications include increasing the required experience points for a broker’s license from 360 to 720 and capping the bachelor’s degree credit at 300 hours of real estate-related education. The current requirement of 900 education hours to become a licensed broker would remain unchanged. Additional adjustments would allow up to 300 hours of the 630 hours of real estate education to be substituted with experience points earned above the minimum requirement. The calculation method for property management experience would shift to a per property per year basis, rather than per property. The brokerage management or delegated supervisor calculation would move to a points-per-transaction model.
Currently, applicants receive full credit for 630 hours of real estate-related education if they hold a bachelor’s degree. They must also have at least four years of active experience within the five years before applying, totaling 360 experience points.
After considering feedback from the public, BRAC has recommended that the Commission adopt these changes as originally proposed.
During its meeting, BRAC also discussed issues related to transaction coordinators and showing agents who work for multiple brokerages. The committee plans to continue this discussion at its next meeting.
Concerns were raised about agents not fully completing the IABS form, which may cause confusion among consumers regarding whom to contact during transactions. The committee recommended that more educational resources be provided to license holders on how to properly complete the IABS form.
Materials from the meeting and a recording are available for download. The next BRAC meeting is scheduled for January 14, 2026.
