Governor Abbott Has Signed SB 2212

SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests in real property. 

Standards & Enforcement Services is frequently asked – “What are your most common violations?” And, “How do I stay out of trouble?” The agency regularly disciplines license holders for violations in all but the last area.

1. SUPERVISE your sales agents.  It is not a defense to broker supervision (Rule 535.2) to say you don’t supervise your sales agents. In other words, saying “I didn’t know about it” is sometimes more of an admission than a defense.

Brokers and sales agents often use unlicensed personnel for assistance in conducting their real estate brokerage activities. Such unlicensed persons, sometimes referred to as administrative assistants, can be of great help to a busy agent. However, care must be taken to ensure that the unlicensed person does not conduct any of the activities for which a real estate license is required. This article defines some of those activities which may and may not be legally conducted by unlicensed persons.

Most residential home sales involve an inspector at some point in the process. What should a real estate agent tell their client when the client desires to employ an inspector? Here are four tips.

Have your client there for the inspection.

The purchase of a home is a significant investment and being part of the process provides a client a better understanding of the home and any possible issues they may need to be addressed in the purchase process.