State law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers, and landlords. The topics discussed are: if the broker represents the owner, if the broker represents the buyer, and if the broker acts as an intermediary.
Texas Information About Brokerage Services
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State:
Texas
Control #:
TX-1084
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Word;
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FAQ
A broker-associate is an individual licensed as a real estate broker, but who works in the capacity of a salesperson for another responsible broker or corporation.
An individual or company who holds a broker license in Texas has fulfilled the additional requirements to practice as a Broker (of Record) or Broker Associate.A Broker Associate hangs their license under another Broker also known as the Broker of Record who owns, manages or operates their own brokerage.
Basically when a prospective client meets or discusses specific things regarding a real estate property. This could mean exchanging information via email on a specific property or through a phone call or in person. What is the form? Commonly know as the IABS, this one page form must be given to the prospective client.
What is the IABS? Texas law requires all brokers and sales agents to provide written notice regarding information about brokerage services at the first substantive communication with prospective buyers, tenants, sellers, and landlords concerning specific real property.
A Licensed Real Estate Broker is a person who provides real estate services to another person in exchange for a commission. Brokers can also sponsor and supervise real estate sales agents.
What is the IABS? Texas law requires all brokers and sales agents to provide written notice regarding information about brokerage services at the first substantive communication with prospective buyers, tenants, sellers, and landlords concerning specific real property.
After the app has been setup with your information, click the green button that says, Add New Button / Link Title your link, TREC Information About Brokerage Services and paste your IABS URL into the URL box.
Which of the following descriptions would be accurate and appropriate for a listing broker to use when describing the role of a subagent to a seller? The answer is a subagent is a licensee who does not work for me but is someone with whom I would make a cooperative agreement to represent you and your interests.
Above The Signature Line. If you choose to provide a link to a completed Information About Brokerage Services notice (TAR 2501, TREC IABS 1-0) in your email, it must go in the body of your email.