Industry News

Discount brokerage battle heats up

Realtor association still pushing for minimum service regulations in Texas

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The Texas Association of Realtors is still butting heads with the state's discount realty licensees over a controversial state regulation that would require licensees to provide home sellers with a minimum level of service. The Texas Real Estate Commission held a meeting yesterday to discuss whether proposed versions of the rule would be fair to all real estate brokers and consumers. The meeting was the latest in an ongoing battle over whether real estate brokers should be required to offer specific or minimal services.  The commission hasn't yet released a finalized proposal that will come to a vote. Its next meeting is slated for April 19, when it is expected to discuss the issue again and possibly vote on a proposed rule. Aaron Farmer, broker/owner of Austin-based Texas Discount Realty, said he's prepared to fight any rule that would eliminate consumers' right to choose the level of realty brokerage service they want. Farmer last year won a court order that halted impleme...