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The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...
March 24, 2024 at 9:00 AM. A change to the real estate commission structure is shaking the industry — and homebuilders and consumers appear to be the winners. This week, Compass ( COMP) agreed ...
Updated March 15, 2024 at 4:20 PM. The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers' long-standing commissions, commonly of up to 6 ...
The long tradition of home sellers footing the commissions of their buyers’ real estate agents may soon be a thing of the past. A recent multibillion-dollar class-action verdict in Missouri ...
The Texas General Land Office ( GLO) is a state agency of the U.S. state of Texas, responsible for managing lands and mineral rights properties that are owned by the state. The GLO also manages and contributes to the state's Permanent School Fund. The agency is headquartered in the Stephen F. Austin State Office Building in Downtown Austin.
During the 81st legislative session in 2009, the commission was under sunset review and legislation renewing its existence was not passed. The commission officially closed September 1, 2010 (pursuant to provisions under Sec. 325.017 of the Government Code). All records and property were transferred to the Texas Comptroller of Public Accounts.
The Texas Office of Consumer Credit Commissioner (“OCCC”) is a Texas state agency that regulates non-depository lenders in the state of Texas, [1] which includes, among others, mortgage loan originators, vehicle sales finance companies, debt settlement providers, pawnshops and credit access businesses. [2]
Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions, the company said in a regulatory filing Friday.