New TREC rules effective February 1, 2016

§531.18, Consumer Information (Brokers and Agents), §535.220, Professional
Conduct and Ethics (Inspectors), and §535.401, Required Notices (ERW). A new
mandatory Consumer Protection Notice was adopted and must be displayed by
each TREC license holder in their offices and through a link on the homepage of
each license holder’s website.
§531.20, Information About Brokerage Services. A new mandatory Information
About Brokerage Services form was adopted. It updates and clarifies the information
provided to the public and requires that brokerage and agent contact information
be provided. The IABS must still be given to a customer at the first substantive
dialogue. Additionally, the license holder’s website must have a link to the IABS on
the homepage.