Appointed License Holder
A license holder a broker may appoint, with written consent, to communicate with and advise one party while the broker acts as intermediary.
When a broker acts as an intermediary between a buyer and a seller, the broker may, if the written consent of both parties authorizes it, appoint different associated license holders to work with each party. One appointed license holder communicates with and advises the buyer, and another communicates with and advises the seller.
Appointments let each party receive advice and opinions from a separate license holder rather than from a single neutral intermediary. The broker who makes the appointments may not appoint the same license holder to both parties and must remain fair and impartial. Appointments are optional, not required, even when an intermediary relationship exists.
On the exam
Exam trap
From definition to recall
See this term inside a real exam question.
Pass Texas gives you Texas-specific practice, diagnostics across the 14 exam areas, Trap Library, Math Coach, offline access, and one $59.99 purchase. No subscription. No copied exam questions.
Try 5 free questionsRelated terms
- Intermediary
The Texas relationship in which one broker represents both the buyer and the seller in the same transaction with the written consent of both parties.
- Sponsoring Broker
The Texas broker who sponsors a sales agent, supervises the agent's brokerage activity, and is responsible for the agent's acts.
- IABS (Information About Brokerage Services)
The TREC notice a license holder must provide at the first substantive communication, explaining the types of representation a broker can offer.
This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.