Texas Real Estate Commission Information About Brokerage Services

11-03-2025

Information About Brokerage Services

Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

• A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.

• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

• Put the interests of the client above all others, including the broker’s own interests;

• Inform the client of any material information about the property or transaction received by the broker;

• Answer the client’s questions and present any offer to or counter-offer from the client; and

• Treat all parties to a real estate transaction honestly and fairly.

WRITTEN AGREEMENTS ARE REQUIRED IN CERTAIN SITUATIONS: A license holder who performs brokerage activity for a prospective

buyer of residential property must enter into a wriƩen agreement with the buyer before showing any residential property to the buyer

or if no residential property will be shown, before presenting an offer on behalf of the buyer. This wriƩen agreement must contain

specific information required by Texas law. For more information on these requirements, see section 1101.563 of the Texas Occupations

Code. Even if a wriƩen agreement is not required, to avoid disputes, all agreements between you and a broker should be in writing

and clearly establish: (i) the broker’s duties and responsibilities to you and your obligations under the agreement; and (ii) the amount

or rate of compensation the broker will receive and how this amount is determined.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner,

usually in a wriƩen 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 to the agent by the buyer or buyer’s agent. An owner’s agent fees are not set by law and are fully negotiable.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a

wriƩen 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. A buyer/tenant’s agent fees are not set by law and are fully negotiable.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the wriƩen

agreement of each party to the transaction. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or

underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;

• May, with the parties' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose:

ᴑ

that the owner will accept a price less than the wriƩen asking price;

ᴑ

that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; and

ᴑ

any confidential information or any other information that a party specifically instructs the broker in writing not to

disclose, unless required to do so by law.

A LICENSE HOLDER CAN SHOW PROPERTY TO A BUYER/TENANT WITHOUT REPRESENTING THE BUYER/TENANT IF:

• The broker has not agreed with the buyer/tenant, either orally or in writing, to represent the buyer/tenant;

• The broker is not otherwise acting as the buyer/tenant’s agent at the time of showing the property;

• The broker does not provide the buyer/tenant opinions or advice regarding the property or real estate transactions generally;

and

• The broker does not perform any other act of real estate brokerage for the buyer/tenant.

Before showing a residential property to an unrepresented prospective buyer, a license holder must enter into a wriƩen agreement that

contains the information required by section 1101.563 of the Texas Occupations Code. The agreement may not be exclusive and must be

limited to no more than 14 days.

IABS 1-2

LICENSE HOLDER CONTACT INFORMATION: 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.

Name of Sponsoring Broker (Licensed

Individual or Business Entity)

License No.

Email

Phone

Name of Designated Broker of Licensed

Business Entity, if applicable

License No.

Email

Phone

Name of Licensed Supervisor of Sales

Agent/Associate, if applicable

License No.

Email

Phone

Name of Sales Agent/Associate

License No.

Email

Phone

Date

Buyer/Tenant/Seller/Landlord Initials

Regulated by the Texas Real Estate Commission

Information available at www.trec.texas.gov

AFSR 22 LLC d/b/a A Red Rose Realty

9012614

[email protected]

210-276-0009

Kurosh Bian

466341

[email protected]

210-276-0009

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A