The Texas Real Estate Commission (TREC) regulates real estate brokers and sales agents, real estate inspectors, home warranty companies, easement and right-of-way agents, and timeshare interest providers.
You can find more information and check the status of a license holder at www.trec.texas.gov.
You can send a complaint against a license holder to TREC, a complaint form is available on the TREC website.
TREC administers two recovery funds which may be used to satisfy a civil court judgement against a broker, sales agent, real estate inspector, or easement or right-of-way agent, if certain requirements are met.
If you have questions or issues about the activities of a license holder, the complaint process or the recovery funds, please visit the website or contact TREC at:
Texas Real Estate Commission
P.O. Box 12188
Austin, TX 78711-2188
Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
As Agent for Owner (Seller/Landlord): The broker becomes the property owner’s agent through an agreement withe owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed the agent or sub-agent by the buyer or buyer’s agent.
As Agent for Buyer/Tenant: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
As Agent for Both – Intermediary: To act as an intermediary between two parties, the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set for the broker’s obligations as an intermediary. A broker who acts as an intermediary:
As subagent: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.