H.B. No. 3913 seeks to amend the licensing and regulation of real estate professionals under the Texas Real Estate Commission by broadening the definition of "qualifying real estate courses" and removing specific subtopics previously listed. The bill introduces provisions that allow the commission to accept gifts, grants, and donations for real estate regulation activities, and it establishes new educational requirements for broker and sales agent licenses, including the completion of specific qualifying courses. Additionally, it modifies regulations regarding broker responsibility courses, requiring attendance for both brokers and sales agents who supervise others, and mandates that license holders provide updated contact information to the commission.

The bill also introduces a requirement for brokers to enter into a written agreement with prospective buyers before showing properties or presenting offers, detailing the services provided, termination date, exclusivity, and compensation, with a disclosure that broker compensation is negotiable. It expands the grounds for suspension or revocation of a real estate license, including failure to enter into the required written agreement, and modifies disciplinary actions for license holders. Certain provisions of the Occupations Code are repealed, and the amendments will apply only to actions and applications submitted on or after the effective date of the Act, set for January 1, 2026.

Statutes affected:
Introduced: Occupations Code 1101.003, Occupations Code 1101.161, Occupations Code 1101.204, Occupations Code 1101.356, Occupations Code 1101.358, Occupations Code 1101.458, Occupations Code 1101.552, Occupations Code 1101.652, Occupations Code 1101.653 (Occupations Code 1101)
House Committee Report: Occupations Code 1101.003, Occupations Code 1101.161, Occupations Code 1101.204, Occupations Code 1101.301, Occupations Code 1101.356, Occupations Code 1101.358, Occupations Code 1101.458, Occupations Code 1101.552, Occupations Code 1101.652, Occupations Code 1101.653 (Occupations Code 1101)