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Selling, leasing, or managing real estate can be a rewarding occupation. But if these acts are performed for another for compensation, a license is required by Texas law.
As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. Real estate license holders are required to use these forms. However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.
What is the criminal penalty for engaging in the real estate brokerage business in Texas without first becoming licensed by TREC? $4000 is the maximum criminal penalty for engaging in real estate without a license, a Class A misdemeanor.
An unlicensed person may not: Prepare or discuss a listing or property management agreement with an owner. Show any property or be at an open house for any purpose. Drive or accompany a prospect to a property.
A: No. Rule 535.4(c) states that a person must be licensed as a broker or sales agent to show a broker's listings. An unlicensed assistant cannot perform any activities for a license holder that requires a license, and therefore, cannot "show" a property.