Required CE For Brokers and Supervisors – 6 Hours – TREC Approval Number #50498

The Broker Responsibility course provides information concerning the regulatory aspects of the 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 22 TAC §532.2, which sets out specific requirements and best practices for brokers.

The following persons are required to take the Broker Responsibility course:

• A broker who sponsors sales agents;
• A designated broker of a business entity who sponsors sales agents; and
• A license holder who is a delegated supervisor of one or more license holders.

NOTE: A real estate license holder who is not required to take the Broker Responsibility course may take this course and receive six hours toward continuing education (CE) requirements.

Course Chapters:

• Chapter 1 – Brokerage Supervision and Structure

  • Who’s in Charge?
  • How Can One Broker Responsibly Supervise a High Number of Sales Agents?
  • Required Oversight of Sales Agents’ First-Time Brokerage Activities
  • How Do Brokers Coach and Assist Agents?
  • One Rule Fits All
  • Activity: Build a Brokerage
  • Working for Multiple Brokerages: What a Transaction Coordinators and Showing Agents are Allowed to Do in Texas
  • Can You Use Unlicensed Individuals to Help With Your Texas Real Estate Transactions? It Depends.

  Chapter 2 – Policies and Procedures

  • 8 Reasons Policies and Procedures are Essential to Your Brokerage
  • Navigating Compliance with Recordkeeping Requirements
  • Activity: What Would You Do?
  • Broker Responsibilities for Property Management
  • What Brokers Need to Know About Trust Accounts
  • From the Case Files: Property Management and Trust Accounts
  • What Brokers Need to Know About Business Entity Broker Licenses and Business Entity Registrations
  • Broker Succession: What Happens When the Designated Broker Dies?

  Chapter 3 – Competency

  • Timely Response Required: How to Comply With TREC Rules 535.2(j) and 535.157
  • All About Competency
  • Activity: Coaching and Training
  • From the Case Files: Competency Case Studies

  Chapter 4 –Daily Business

  • Information About Brokerage Services
  • What is an Advertisement?
  • Who is Advertising?
  • What Advertising Laws and Rules Must License Holders Follow?
  • Advertising and Social Media Trends
  • From the Case Files: Advertising
  • 20 Misleading Advertising Types
  • Artificial Intelligence and Broker Responsibility
  • BPOs, CMAs, and Appraisals: What’s the Difference?
  • Not Sure if You Want to Renew Your License? Here’s Why You May Want to go Inactive

  Chapter 5 –TREC Enforcement

  • Who Handles Complaints and Discipline?
  • Advertising Compliance Program
  • Top TREC Complaint Categories
  • From the Case Files: Filed Under Misc.
  • Your Policies and Procedures Summary Sheet