Information About Brokerage Services
Texas Real Estate Commission (TREC) · Form IABS 1-2 · 11-03-2025
This HTML reading version transcribes the supplied notice and contact information. Download the original IABS PDF (1.3 MB). The original form remains available for acknowledgment.
Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
Types of real estate license holders
- A broker is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.
- A sales agent must be sponsored by a broker and works with clients on behalf of the broker.
A broker’s minimum duties required by law
A client is the person or party that the broker represents.
- Put the interests of the client above all others, including the broker’s own interests;
- Inform the client of any material information about the property or transaction received by the broker;
- Answer the client’s questions and present any offer to or counter-offer from the client; and
- Treat all parties to a real estate transaction honestly and fairly.
Written agreements are required in certain situations
A license holder who performs real estate brokerage activity for a prospective buyer of residential real property must enter into a written agreement with the buyer before showing any residential real property to the buyer or, if no residential real property will be shown, before presenting an offer on behalf of the buyer. This written agreement must contain specific information required by Texas law. For more information on these requirements, see section 1101.563 of the Texas Occupations Code. Even if a written agreement is not required, to avoid disputes, all agreements between you and a broker should be in writing and clearly establish: (i) the broker’s duties and responsibilities to you, and your obligations under the agreement; and (ii) the amount or rate of compensation the broker will receive and how this amount will be determined.
A license holder can represent a party in a real estate transaction
As agent for owner (seller/landlord)
The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent. An owner’s agent’s fees are not set by law and are fully negotiable.
As agent for buyer/tenant
The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent. A buyer/tenant’s agent’s fees are not set by law and are fully negotiable.
As agent for both — intermediary
To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:
- Must treat all parties to the transaction impartially and fairly;
- May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.
- Must not, unless specifically authorized in writing to do so by the party, disclose:
- that the owner will accept a price less than the written asking price;
- that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
- any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.
A license holder can show property to a buyer/tenant without representing the buyer/tenant if:
- The broker has not agreed with the buyer/tenant, either orally or in writing, to represent the buyer/tenant;
- The broker is not otherwise acting as the buyer/tenant’s agent at the time of showing the property;
- The broker does not provide the buyer/tenant opinions or advice regarding the property or real estate transactions generally; and
- The broker does not perform any other act of real estate brokerage for the buyer/tenant.
Before showing any residential real property to an unrepresented prospective buyer, a license holder must enter into a written agreement that contains the information required by section 1101.563 of the Texas Occupations Code. The agreement may not be exclusive and may be for a term of no more than 14 days.
License holder contact information
This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
- Name of Sponsoring Broker (Licensed Individual or Business Entity)
- CENTURY 21 MIKE BOWMAN, Inc.
License No. 0273938
info@c21bowman.com
817-354-7653 - Name of Designated Broker of Licensed Business Entity, if applicable
- David Bowman
License No. 0372714
info@c21bowman.com
817-354-7653 - Name of Licensed Supervisor of Sales Agent/Associate, if applicable
- Jeane Dees
License No. 280300
info@c21bowman.com
817-354-7653 - Name of Sales Agent/Associate
- Aayan Zaman
License No. 0852847
Aayan.Zaman@c21bowman.com
(817) 239-1512
The original form provides blank lines for Buyer/Tenant/Seller/Landlord initials and date.
Regulated by the Texas Real Estate Commission. Information available at www.trec.texas.gov.