Business Entity Broker
Contracts Course Information You Need To Know
Submitted by Christine Anderson on Fri, 2021-02-05 12:58As of February 1, 2021 sales agents and brokers are required to complete at least three hours in contract-related coursework as part of the 18 hours of continuing education (CE) required to renew a license or activate a license.
Updated Consumer Protection Notice Now Required
Submitted by Christine Anderson on Wed, 2021-02-03 21:31The newly updated Consumer Protection Notice (CPN) required for use as of February 1, 2021, is available on the Texas Real Estate Commission's website.
Are you a Delegated Supervisor?
Submitted by Christine Anderson on Fri, 2021-01-22 15:56Yes, if the sponsoring broker has delegated to you in writing the responsibility to assist the broker in complying with the Real Estate License Act and Commission rules. A license holder who leads, supervises, directs, or manages a team must also be delegated as a supervisor. A delegated supervisor may be either a sales agent or broker.
Parting Ways With a Broker: What You Need to Know
Submitted by Christine Anderson on Tue, 2021-01-19 22:09It’s a new year and our records show a lot of sales agents change brokers during this time. TREC wants you to know the rules that apply in this situation.
Print License History On Demand
Submitted by Christine Anderson on Mon, 2020-11-16 13:04The Texas Real Estate Commission is pleased to announce the launch of our new automated Certified License History tool. This new features allowing anyone to print a certified license history ON DEMAND for FREE! This is just one more way TREC is working to simplify our processes to provide excellent customer service.
Can a business entity receive commission payments on behalf of a license holder?
Submitted by Christine Anderson on Thu, 2020-10-22 16:16Yes, but only if the business entity is licensed by TREC. A business entity owned by a broker or a sales agent that receives compensation on behalf of a license holder must hold a business entity broker’s license. If a business entity receives such compensation and does not hold a license, the business entity is engaging in unlicensed activity and the Commission can take action against the entity.
Intermediary relationships - what you need to know
Submitted by Christine Anderson on Mon, 2020-08-24 22:30Intermediary relationships have been part of The Texas Real Estate License Act (TRELA) for well over a decade. Even though these relationships have been well established, there is still confusion about how it works.
An intermediary is a broker who negotiates a real estate transaction between two parties when a broker, or a sales agent sponsored by the broker, has obtained written consent from the parties to represent both the buyer and the seller. A broker acting as an intermediary can make appointments in some circumstances.
TREC Processing Dates
The processing dates provided below are updated every Monday by 3:00 PM Central Time.
The dates reflected below refer to the Received Date of the documents that we are currently processing. Please allow 3-5 business days for review and processing.
Type of Transaction | Currently Processing Documents Received On: |
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