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Trela Trec RulesDisciplinary_actionsMEDIUM

Under TRELA, TREC may take disciplinary action for various violations. All of the following are grounds for TREC to discipline a license holder EXCEPT:

Correct Answer

B) Charging a commission rate that is higher than the average rate charged by other brokers in the same market area

Commission rates are not regulated by TREC. License holders and their clients negotiate commission rates freely. Charging a higher-than-average rate is not grounds for discipline because commissions are determined by the market, not by TREC regulation.

Answer Options
A
Failing to remit earnest money to the designated escrow agent within the time specified in the contract
B
Charging a commission rate that is higher than the average rate charged by other brokers in the same market area
C
Making a false promise likely to influence a person to enter into a real estate transaction
D
Acting in a manner that is dishonest or involves fraud, deceit, or misrepresentation

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Related Topics & Key Terms

Key Terms:

disciplinary_groundscommission_ratesnot_regulatedantitrust
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