Sponsoring Broker
The Texas broker who sponsors a sales agent, supervises the agent's brokerage activity, and is responsible for the agent's acts.
Quick flashcard
What does Sponsoring Broker mean on the Texas real estate exam?
Answer: The Texas broker who sponsors a sales agent, supervises the agent's brokerage activity, and is responsible for the agent's acts.
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Sponsoring Broker definition
A sponsoring broker is the broker who sponsors a sales agent so the agent can perform brokerage. A sales agent must be sponsored by an active Texas broker to act, and the agent works in the name of and under the supervision of that broker. The relationship is recorded with TREC, and an agent can change sponsorship by following the required process.
The sponsoring broker is responsible for the brokerage activities of the sponsored sales agent and must pay the agent's brokerage compensation. An agent without an active sponsoring broker holds an inactive license and may not perform brokerage.
Source basis
Definition checked against the official sources below on .
On the exam
Exam trap
Tested in
Licensing (3 of 40 Texas State Law)
From definition to recall
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