Broker Williams operates a real estate brokerage in Austin. He wants to hire his cousin, who has a business degree but no real estate license, to show properties to potential buyers while Williams is on vacation. Under TRELA, is this arrangement permissible?
Correct Answer
B) No, because showing properties to potential buyers is a real estate activity that requires a license under TRELA
Under Texas Occupations Code §1101.002 and §1101.351, showing properties to potential buyers constitutes engaging in real estate brokerage activity, which requires a license. An unlicensed person cannot perform this activity regardless of supervision or familial relationship to a broker.
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License holder Martinez receives a referral fee from an out-of-state broker for referring a Texas buyer. Under TREC rules and the Canons of Professional Ethics, which of the following statements is correct?
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