Texas Broker Responsibility

Overview

In order to renew their license, this six-hour course is mandatory for brokers who sponsor salespersons, designated brokers of a business entity, an/or licensees who are delegated supervisors of one or more licensees. Brokers are responsible for the authorized acts of their sponsored sales agents and, as such, must be familiar with the regulatory aspects of managing, operating, and supervising a real estate brokerage firm in Texas. This includes being knowledgeable of the responsibilities of delegated supervisors and team leaders, compliant advertising, and agent competency in subject matter as well as contract creation.

Learning Objectives

Upon completion of this course, the student should be able to:

  • identify who is required to take the Broker Responsibility course
  • describe three important elements regarding the fiduciary responsibilities brokers and sales agents owe to their clients
  • define the role of a delegated supervisor
  • explain the difference between a broker and a broker associate
  • identify the types of written policies that can support the training of team leads
  • understand how to use TREC's website to delegate a license holder as a supervisor
  • summarize how license holders can post the Consumer Protection Notice and IABS to potential clients
  • describe the role that the IABS plays in consumer protection
  • distinguish between what can and cannot be in an advertisement according to TREC rules
  • describe 3 practices a broker can perform to support advertisement compliance of their sponsored agents
  • explain what brokers can do to identify and prevent enforcement issues for their sponsored agents

Designed For

This course is designed for (1) brokers who sponsor one or more sales agents; (2) a designated broker of a business entity that sponsors one or more sales agents; and (3) license holders who are delegated supervisors. But the course is excellent for all real estate practitioners so license holders who don't fit into one of the categories listed above will earn six hours of elective continuing education (CE) credit for completing this course.


Find this course for your license:

License or Certification

Regulator

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