Texas Real Estate Commission

versa_clnt_cde:

REI

Can a sales agent have a commission check written to the sales agent’s own corporation or Limited Liability Company? If so, does that entity have to be licensed as a real estate broker?

Can a sales agent receive or pay a commission to a party in a real estate transaction?

Can a sales agent own his or her own real estate business entity?

Does a broker have to supervise the daily activities of a sales agent?

Can an inactive license holder negotiate the purchase, sale, or lease of real property between third parties?

Is a broker responsible for the actions of a sales agent who owns his or her own real estate business entity?

Can a sales agent work in a different office than the sponsoring broker’s office?

Can a sales agent be the owner of a property management company?

Must a person be licensed to locate apartment units for prospective tenants and be paid by the owner of the apartments?

Is a real estate license necessary in order to be an apartment locator?

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