Master Texas Real Estate Broker Exam from first principles
Practice for the Texas real estate broker exam: the Texas Broker State portion (Commission, licensing, standards of conduct, agency and brokerage, contracts, special topics and case studies) plus the National portion at broker level.
Broker Licensing: Eligibility, 720 Experience Points, Education and Duties to TREC
Who needs a Texas license, the broker applicant's 4-year and 720-point experience rule, 270 + 630 hours of education with the Broker Responsibility Course, the 75% exam, and what license holders report to TREC.
Broker Responsibility: Supervising Sales Agents, Delegation, Records and Written Policies
What a Texas broker must do for sponsored sales agents: written scope of authority, delegated supervisors and teams, 4-year records, written policies, 2- and 3-day deadlines, compensation through the broker, and SB 1968.
Agency, the IABS Notice, Intermediary Practice and Written Buyer Agreements
When a Texas broker becomes an agent, the IABS notice and its three exceptions, intermediary consent and appointments, what an intermediary may not disclose, and the SB 1968 showing and buyer-agreement rules.
Trust Accounts, Fee Splitting, Rebates and Advertising Rules
How a Texas broker holds and disburses trust money (second working day, 30-day removal and demand rules, monthly accounting, 4-year records), who may share a fee, rebate consent, and the advertising and team-name rules.
Commission Agreements, the Commercial Broker's Lien and Business Entity Brokers
The written, signed commission agreement a Texas broker needs to sue, the TREC-form and title-notice duties, the commercial broker's lien (thresholds, filing deadlines, bonds), and business entity broker rules.