There has been a proliferation of the use of “coming soon” or “pocket” listings over the past year. While there may be legitimate reasons for the use of this marketing method, license holders should be aware that selling property using this method, under certain circumstances, may result in a complaint with the Commission and finding that the license holder has violated TREC laws and rules.
SUPERVISE your sales agents. It is not a defense to broker supervision (Rule 535.2) to say you don’t supervise your sales agents. In other words, saying “I didn’t know about it” is sometimes more of an admission than a defense.
Ideal way to post IABS and Consumer Notice to comply with our rules:Post a link to a completely filled out TREC IABS form labeled “Texas Real Estate Commission Information About Brokerage Service,” on your business website homepage, in a readily noticeable place in at least 10 point font.
Brokers and sales agents often use unlicensed personnel for assistance in conducting their real estate brokerage activities. Such unlicensed persons, sometimes referred to as administrative assistants, can be of great help to a busy agent. However, care must be taken to ensure that the unlicensed person does not conduct any of the activities for which a real estate license is required. This article defines some of those activities which may and may not be legally conducted by unlicensed persons.
Most residential home sales involve an inspector at some point in the process. What should a real estate agent tell their client when the client desires to employ an inspector? Here are four tips.
The purchase of a home is a significant investment and being part of the process provides a client a better understanding of the home and any possible issues they may need to be addressed in the purchase process.
If you feel there has been a violation of The Real Estate License Act , or TREC rules
File a Complaint
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