The purpose of this required course is to address the regulatory aspects of management, operation, and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker’s responsibilities and obligations under TREC Rule §535.2, which sets out specific requirements and best practices for brokers.
Topics include delegated supervisors and teams, ensuring agent competency and training, practical application related to required documentation, and TREC enforcement.
Course highlights include:
- Delegated supervisors
- Teams
- Managing a supervising team leader
- Broker associates
- Subject matter competency
- Geographic competency
- TREC contract form competency
- Everyday use of required Texas documents
- Licensing requirements for business entity brokers
- Policy and procedure manuals
- Recordkeeping and timely response requirements
- Advertisement and rebate requirements
- Naming criteria, DBA, and team name registration
- Property management and trust accounts
- TREC enforcement and disciplinary actions
- Broker complaint involvement
- Broker-to-broker