Free guide for Texas agents
Your broker can forbid a deal TREC allows.
What a Texas sponsoring broker can and cannot stop you doing on a wrap or subject-to, and where the license risk really is.
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What is inside
- 7 questions to ask any broker before you move your license, and what a good answer to each one sounds like.
- Why a broker can legally say no to a deal TREC allows, and the question that tells you who actually decides.
- There is no TREC promulgated form for a wrap. Why that is not the same as forbidden.
- Where the real license risk sits: drafting the note, not the structure of the deal.
- Why the deals you do for your own account are the ones your E&O probably does not cover.
A PDF: ten short sections plus the seven questions, from Angie Rhea, Broker, StepStone Realty, LLC. General information about sponsorship and license conduct, not legal advice.
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