TX-AGENT-16

1. U N I T 8 : I N T E R M E D I ARY B R O K E R AG E
TEXAS LAW OF AGENCY

2. UNIT 8: INTERMEDIARY BROKERAGE
Unintended Dual Representation
• From Dual Agency to Intermediary Brokerage
• Representing More than One Party in a Transaction
Do’s and Don’ts When Acting as an Intermediary
• §1101.559. Broker Acting As Intermediary
• §1101.560. Associated License Holder Acting As Intermediary
• §1101.561. Duties of Intermediary Prevail
• §1101.651. Certain Practices Prohibited

3. UNIT 8: INTERMEDIARY BROKERAGE
Intermediary Status vs. No Intermediary Status
• Intermediary Status
• Step One: Consent and Disclosure
• Step Two: Appointing Licensees
• Consent
• Disclosure
• Can Practitioners Disclaim All Agency?
• Appointing Licensees
• Who May be Appointed?
• Are Appointments Required?
• No Intermediary Status

4. UNIT 8: INTERMEDIARY BROKERAGE
Intermediary Brokerage Applications
• Intermediary Requirements if Appointments are Made
• Scenario 1
• Scenario 2
• Scenario 3
• Scenario 4
• Scenario 5
• Scenario 6