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2. Texas Real Estate Commission - Wikipedia

   en.wikipedia.org/wiki/Texas_Real_Estate_Commission

   The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...

3. Interstate Land Sales Full Disclosure Act of 1968 - Wikipedia

   en.wikipedia.org/wiki/Interstate_Land_Sales_Full...

   The Act was patterned after the Securities Act of 1933 and required land developers to register subdivisions of (currently 100 or more) non-exempt lots or condominium units. Originally, the filings were to be with the United States Department of Housing and Urban Development.

4. Home buyers to be spared broker commissions up to 6% ... - AOL

   www.aol.com/news/home-buyers-spared-automatic...

   A landmark agreement would eliminate real estate brokers' automatic commissions of up to 6%, ... or MLS — usually 5% or 6% depending on their geographic area. Upon selling, half of the fee goes ...

5. Real estate license - Wikipedia

   en.wikipedia.org/wiki/Real_estate_license

   A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...

6. Real estate agent - Wikipedia

   en.wikipedia.org/wiki/Real_estate_agent

   A real estate broker typically receives a real estate commission for successfully completing a sale. Across the U.S, this commission can generally range between 5-6% of the property's sale price for a full-service broker but this percentage varies by state and even region. [2]

7. Broker's price opinion - Wikipedia

   en.wikipedia.org/wiki/Broker's_price_opinion

   A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.