TX-Brokerage (SAE) Outlined Test 2025
Exam Questions with 100% Correct
Answers
The _____ is required to ascertain that Brokers are aware of all of their
responsibilities. - ✔✔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. - ✔✔Broker Responsibility MCE
Who Must Take The Broker Responsibility MCE Course? - ✔✔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" - ✔✔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 - ✔✔4
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©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
,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 -
✔✔School
There is no provision in the Act or the TREC Rules prohibiting a broker from
_____ a salesperson or broker—associate affiliated with another broker. -
✔✔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. - ✔✔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 - ✔✔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? - ✔✔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.
2|Page
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
,Is a link to the IABS form required on my website? - ✔✔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. -
✔✔10
Does a link to the IABS Form in my email signature satisfy the representation
disclosure required by TRELA §1101.558? - ✔✔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: - ✔✔(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: - ✔✔Wanting to
create something from scratch, Wanting to be their own boss, Wanting to train
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©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, and motivate real estate agents to be successful, Wanting to be leader in their
community or in the industry, An entrepreneurial spirit
Two good resources for finding past statistic for the real estate industry are -
✔✔The National Association of REALTORS® and the Real Estate Center at Texas
A&M University.
The _______ indicates the strength of the economy. - ✔✔Gross domestic
product or GDP
Most good economies have a GDP of about _____ - ✔✔3%
A new broker will need a good real estate attorney and a good _____ on their
team. - ✔✔Certified public accountant (CPA)
The Rules of the Texas Real Estate Commission require that a Broker have
a_______ before you start hiring agents - ✔✔Policy and Procedures Manual
Policy and Procedures Manual must include - ✔✔Agent's Authorized Activity,
Advertising, Compensation, Records Management, Trust Accounts
The new broker will want to consider three possibilities. - ✔✔Purchasing an
existing real estate business, purchasing a franchise office or a start up from
scratch
4|Page
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
Exam Questions with 100% Correct
Answers
The _____ is required to ascertain that Brokers are aware of all of their
responsibilities. - ✔✔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. - ✔✔Broker Responsibility MCE
Who Must Take The Broker Responsibility MCE Course? - ✔✔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" - ✔✔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 - ✔✔4
1|Page
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
,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 -
✔✔School
There is no provision in the Act or the TREC Rules prohibiting a broker from
_____ a salesperson or broker—associate affiliated with another broker. -
✔✔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. - ✔✔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 - ✔✔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? - ✔✔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.
2|Page
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
,Is a link to the IABS form required on my website? - ✔✔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. -
✔✔10
Does a link to the IABS Form in my email signature satisfy the representation
disclosure required by TRELA §1101.558? - ✔✔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: - ✔✔(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: - ✔✔Wanting to
create something from scratch, Wanting to be their own boss, Wanting to train
3|Page
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, and motivate real estate agents to be successful, Wanting to be leader in their
community or in the industry, An entrepreneurial spirit
Two good resources for finding past statistic for the real estate industry are -
✔✔The National Association of REALTORS® and the Real Estate Center at Texas
A&M University.
The _______ indicates the strength of the economy. - ✔✔Gross domestic
product or GDP
Most good economies have a GDP of about _____ - ✔✔3%
A new broker will need a good real estate attorney and a good _____ on their
team. - ✔✔Certified public accountant (CPA)
The Rules of the Texas Real Estate Commission require that a Broker have
a_______ before you start hiring agents - ✔✔Policy and Procedures Manual
Policy and Procedures Manual must include - ✔✔Agent's Authorized Activity,
Advertising, Compensation, Records Management, Trust Accounts
The new broker will want to consider three possibilities. - ✔✔Purchasing an
existing real estate business, purchasing a franchise office or a start up from
scratch
4|Page
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
