{{titleBar.title}}

{{titleBar.tagline}}

 

 

TREC: Agent app could spell tool troubleTREC: Agent app could spell tool troublehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=128132016-04-12T05:00:00Z2016-04-12T16:00:00Z

​​AUSTIN – Agents who use a mobile app to "hire" another agent to show a property could face administrative action or even a lawsuit if they don't know what they are doing, according to an article in the latest edition of TREC Advisor.

"License holders have a special fiduciary duty to their clients and a duty to treat all parties to a transaction fairly," the article says. "Representation is not a 'service' that can just be parceled out at will by one agent to another."

TREC's article addresses compensation, representation, and disclosure issues involved in hiring another agent to handle a showing.

To read the article, click here.

Texas Real Estate Commission
Texas
Housing
http://www.trec.state.tx.us/newsandpublic/Publications/AdvisorIssues/Advisor20160407.pdfRead more at {Source}

 Search NewsTalk Texas