The Texas Real Estate Commission is now publicizing that it intends to propose a change to recently adopted advertising rules.
The advertising rules effective May 15 include a restriction of the term realty in team names. Team names must also end in the terms group or team to be in compliance with the updated rule. TAR supported these amendments at adoption. (Read more about TREC’s advertising rule changes in the January/February issue of Texas REALTOR® magazine.)
After receiving feedback from license holders following adoption of the rules, TREC will consider proposing a rule at its May 7 meeting to delete the prohibition against using the term realty in a team name.
Until the May meeting when the issue is discussed, TREC says it will accept team name registrations that include realty and will not seek to discipline a license holder solely for advertising with a team name using realty.
TREC did not change the use of realty for brokers, so brokers can continue using the term in their licensed or assumed business names.