TX-Brokerage (SAE) Exam Questions With 100% Correct Answers | Latest Version 2025/2026 | Verified | Guaranteed Pass

TX-Brokerage (SAE) Exam Questions With 100% Correct Answers | Latest Version 2025/2026 | Verified | Guaranteed Pass The _____ is required to ascertain that Brokers are aware of all of their responsibilities. - answer-Texas Real Estate Commission The _____ course is to address 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 §535.2. - answer-Broker Responsibility MCE Who Must Take The Broker Responsibility MCE Course? - answer-A broker who sponsors salespersons, a designated broker of a business entity, and a license holder who is a delegated supervisor of one or more license holders (for six months or more during the supervisor's current license period), to complete this six—hour broker responsibility course to renew a license. "Act of God" - answer-A natural disaster or fire Broker must, at a minimum, maintain the following records in a format that is readily available to the Commission for at least ____ years from the date of closing, termination of the contract, or end of a real estate transaction - answer-4 Recruitment of a salesperson by a broker is not regulated with the exception that instructors or other persons associated with a ___ may NOT recruit or solicit prospective salespersons or brokers in a classroom during class time - answer-SchoolThere is no provision in the Act or the TREC Rules prohibiting a broker from _____ a salesperson or broker—associate affiliated with another broker. - answer-Recruiting ________ are exempt from any of the provisions of the Texas Real Estate License Act. They are permitted to represent clients in real estate transactions by virtue of their license to practice law. - answer-Attorneys Brokers CANNOT share their fees with attorneys who perform a brokerage service, attorneys must seek compensation for that service directly from one of the ______ in a transaction - answer-Principals Can a listing broker share a portion of the listing broker's commission with an attorney who represented the buyer in a real estate transaction? - answer-No. A broker is prohibited from sharing fees with or otherwise compensating the attorney acting as a buyer's agent unless the attorney holds an active real estate license. Is a link to the IABS form required on my website? - answer-Yes. Rule 531.20(b) states that each broker and sales agent must provide a link on its homepage to the IABS Form labeled "Texas Real Estate Commission Information About Brokerage Services". IABS link must be in at least a ______ point font and in a readily noticeable place on the homepage of the business website of the broker and sales agent. - answer-10 Does a link to the IABS Form in my email signature satisfy the representation disclosure required by TRELA §1101.558? - answer-No. Rule 531.20(d) states that providing a link to the IABS Form in a footnote or signature block of an email is insufficient The IABS Form can be provided by: - answer-(1) personal delivery; (2) first class mail or overnight common carrier delivery service; (3) in the body of an email; or (4) as an attachment to an email or as a link in the body of an email so long as there is a specific reference to the IABS Form in the body of the email. Reasons people give for wanting to open their own Brokerage: - answer-Wanting to create something from scratch, Wanting to be their own boss, Wanting to train and motivate real estate agents to be successful, Wanting to be leader in their community or in the industry, An entrepreneurial spirit