REALTOR® Day at the Texas Capitol
89th Legislative Session
March 26, 2025
REALTOR® Priorities: Senate Talking Points and Key Contact Meeting Notes
Senator Hinojosa serves as Vice Chair for Senate Finance. You can refer to him as Senator Hinojosa.
“LCT NOTES” UNDERLINED IN BLUE ARE FOR REFERENCE ONLY; DO NOT READ ALOUD
Text in RED is customized to this lawmaker
- LCT NOTE: This looks like a lot of content, but the meeting will go fast!
- LCT NOTE: This script has a logical flow, but you don’t need to read it word-for-word – focus on the highlights! And some issues may be more or less relevant to your district – it’s okay to focus on the issues that make the most sense for your area, especially if time is limited.
- LCT NOTE: Key Contacts (or someone on the team) should have the tri-fold leave-behind that was handed out at the bus drop-off – if not, let staff know in your post-meeting report and we’ll run one by the legislator’s office.
Starting the Meeting
- LCT NOTE: Be sure to introduce yourself, explain who you are and the group, and what REALTOR® Day at the Texas Capitol encompasses.
Thank you for meeting with us today to talk real estate and Texas REALTORS® legislative priorities!
We’ve put together a simple pamphlet to lay out some of our priorities, including several specific bills Texas REALTORS® are supporting this year.
- LCT NOTE: If the Senator or staff asks questions about specific legislation that you’re not sure how to answer, DO NOT GUESS … assure them Texas REALTORS® lobby staff will follow up. Key contacts may also share Julia, Seth, or Tray’s contact information (also included in the tri-fold pamphlet).
We are here today as representatives of the real estate profession and the millions of Texas homeowners, buyers, and sellers we serve. We want to discuss some of the key issues that impact housing and economic growth in our communities: housing affordability, water infrastructure, and property rights.
We want to be respectful of your time, so we’ll highlight some general priorities and just a few specific bills, all of which can be found on the one-pager.
- LCT NOTE: Personal stories and personal examples are essential to describing why these issues matter to REALTORS®. Key Contacts can tell their own or call on other attendees to share how these issues have impacted them.
Housing Affordability
Homeownership is the foundation of financial security for Texas families, but we are in the beginning stages of an affordability crisis and are at risk of homeownership becoming out of reach for many families.
The main obstacles are rising construction costs, excessive permitting delays, restrictive zoning laws, and of course, property taxes.
Rising property taxes are a huge threat to sustainable housing. While recent measures have provided some relief, we must ensure property tax burdens are manageable. We encourage continued exploration of long-term tax reform that keeps homeownership affordable.
We are happy to support SB4 and SJR2 to increase the homestead exemption to $140,000, and appreciate your joint authoring and votes in favor of the legislation.
- LCT Note: The Lawmaker or staff may bring up Appraisal Caps. Texas REALTORS® has long maintained that appraisal increases are NOT the problem and appraisal caps cause troubling long-term inconsistencies in the market – reference California’s Prop 13, which passed almost 50 years ago and has done nothing to decrease the cost of housing. In fact, they have been trying to unwind it ever since.
Of course, there are other factors that affect housing options and there is no silver bullet to address this looming crisis – the solution requires creative thought and a diverse collection of federal, state, and local policy changes.
We support policies that cut red tape, streamline the permitting process, and promote diverse housing options to meet the needs of our workforce, first-time buyers, and growing families.
Two I’ll mention that we’re happy to support:
SB 673 (Hughes), which would let homeowners build or use an existing space as an accessory dwelling unit, while still allowing cities to regulate things like size and short-term rental occupancy. This is a great example of how we can “gently” increase density without overwhelming neighborhoods… and it adds to private property rights!
The other is Senate Bill 15 (Bettencourt), which allows property owners who own more than 5 undeveloped acres to bypass city requirements on minimum lot size to allow for more dense housing. We all know the largest cost of a home is the land, so we appreciate your recent “yes” vote on this bill to help provide another tool to address housing affordability in the state.
Water Infrastructure
Reliable water access is essential for Texas’ continued growth and viability. As our population expands, we must invest in water infrastructure to ensure communities have sustainable supplies for homes, businesses, and agriculture. We support policies that fund water conservation, storage, and delivery systems while ensuring local governments have the resources to maintain and expand water infrastructure responsibly.
Our interest in this is based on this simple truth: Real estate derives its value from access to water. In fact, in simpler terms, without access to water, real estate is worthless.
We are delighted that the Legislature is proactively addressing long-term investments in the state’s water supply and whole-heartedly support SB 7 and SJR 66 by Chair Charles Perry, which provide historic investment in the state’s water infrastructure. We know SB 7 was heard on Monday in Senate Water, Agriculture, and Rural Affairs, and we are hopeful that SJR 66 will follow suit soon in Senate Finance. Thank you for joint authoring such a monumental piece of legislation.
Protecting Property Rights
Private property rights are a cornerstone of Texas’ economy – and Texas REALTORS® has a long history of being the leading advocate for private property rights.
However, burdensome regulations, overreach, and government-imposed restrictions can threaten these rights. We advocate for policies that protect property owners and prevent unnecessary restrictions on how property can be used or developed.
SB 711 (Hughes) continues the Legislature’s 2021 efforts to add more transparency to property owners’ associations. This bill had near-unanimous support in 2023, and was unfortunately vetoed during the property tax debate.
This bill reinforces property owner rights by making sure the transparency measures included in the 2021 legislation apply to all property owners’ associations, including condos. It also extends resale fee caps to condo transactions, as well. We appreciate your vote in support of this legislation in the Jurisprudence committee and hope to see it before you on the floor soon!
SB 844 (Hughes) ensures property owners are not unfairly restricted in using their property due to overly burdensome petition processes.
- LCT NOTE: Legislators and staff may not be familiar with this issue, so if there are questions, some additional details about this bill: under current law, when the owner of a property requests a zoning change, a small number of surrounding land owner (20%) can trigger a protest vote that requires three-fourths of the city council to override (this is an extremely high bar, higher than to pass their budget). The proposed changes in this bill will bring fairness to this process by raising the number of surrounding owners it takes to fill a petition to 60%, and lowers the council vote to override to a simple a majority.
Transparency
We’ve talked about some pretty big issues here – Housing Affordability, Property Taxes, Water … things that a lot of people in Texas are talking about …
But, we have a few bills that are more specific to the real estate space that we’d like to bring forward.
SB 1968 (Schwertner) – this is our top priority, and it modernizes and clarifies agency representation agreements in real estate transactions.
- LCT NOTE: Most legislators and staff will not be familiar with this concept, so for your reference: this is the bill that repeals subagency and creates a written agreement between the buyer and an agent, while still allowing property to be shown without a full representation agreement.
We want to thank you for your vote in favor of SB 1106 (Parker) on Monday– this is legislation that passed last year that got caught up in the veto flurry – that increases transparency for property owners by requiring public improvement district (PID) assessments to be included in county tax websites. It’s a great bill for property owners and we’re excited to see it moving!
SB 2349 (Alvarado) – a non-controversial bill that brings commonsense updates to the flood disclosure we are required to provide to residential tenants by allowing it to be included in the regular lease and lease renewal documents.
Meeting Conclusion
We appreciate your leadership and this opportunity to share our priorities.
By working together, we can ensure Texas remains a place where people can achieve the dream of homeownership, businesses can thrive, and communities can grow responsibly.
Again, you can refer to our pamphlet, which outlines numerous specific bills we are supporting related to our priority issues.
We appreciate your attention. Do you have any questions for us? In particular, is there anything you need from the REALTORS®?
Our legislative staff’s contact information is on this pamphlet … they’re always available to answer questions about Texas REALTORS® stance on specific legislation.
- LCT NOTE: Be sure to thank the legislator’s staff for all they do (legislative staff are tremendously important but are mostly behind the scenes). They keep this whole process moving!
- LCT NOTE: Seek permission from the lawmaker or staff to grab a photo for use on social media.
Thank you for continuing to support the housing and real estate profession, and for taking the time to meet with us today!
- LCT NOTE: Grab staffs’ cards if you or TR staff would like to follow up on any issues.
- LCT NOTE: We recommend sending a handwritten thank-you note to the lawmaker and the staff.