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  We are the "ORIGINAL" TEXAS BROKER SPONSOR.com® - NO MONTHLY FEES - Get Sponsored from $199yr. - LLC BROKER SPONSORSHIP from $299.00 Monthly. The Real Estate Broker Builder™
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BROKER RISK MANAGEMENT FEE

TexasBrokerSponsor.com™ sponsoring broker's have an experienced staff ready to assist agents with questions.

According to the Texas Real Estate Commission (TREC) regulations, the broker is directly responsible for any real estate transaction broker has approved, that his/her agent completes while actively sponsored by the broker sponsor. To cover possible expenses connected with this responsibility, we collect a Risk Management fee for agent-owned properties. 

IMPORTANT: any unreported sales activity by the agent to broker, makes the agent 100% liable for all legal expenses associated with these transactions. 

Standard Risk Management Fee: 
For real estate transactions for third-party clients up to $1.0 million, the Risk Management fee is included in broker fee collected. However, there is an additional $145 per every Hundred Thousand Dollar price increment over $1.0 million. Note: Fees are an additional $150 per side when broker allows intermediary transaction. 

Selling Agent Owned or Direct Relative Property:
When an agent chooses to SELL their privately-owned, direct relatives, including step relations or relation by adoption owned property, there is additional E & O insurance fee required. The Standard Risk Management fee for selling agent-owned property is $145. There is an additional $145 per every Hundred Thousand Dollar price increment over $1.0 million. There is an additional $145 per every Hundred Thousand Dollar price increment over $1.0 million. Note: Fees are an additional $150 per side when broker allows intermediary transaction. 

IMPORTANT: Please note that E & O covers “errors and omission”, not fraud, nondisclosure, or agent’s illegal activity. Agent will be 100% liable and not covered by E & O insurance if they have conducted themselves against the sponsoring broker’s and/or TREC rules and regulations. If you are not sure how to proceed in a real estate situation, always consult with your broker for advice before performing any real estate services. 

Copy of E & O Insurance Policy and E & O Insurance Declarations may be requested from our office at any time. 


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Copyright © 2019 Texas Broker Sponsor.com® is a subsidiary company of The Miramas Group, LLC. All Rights Reserved. Texas Broker Sponsor.com®are registered trademarks owned by The Miramas Group, LLC, which fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Unauthorized copying, distribution and/or use will result in litigation. We are fully compliant with current Texas state law and real estate commission rules.  Copyright © 2012-2019. All Rights Reserved. Unauthorized copying, distribution and/or use in whole or in part will result in immediate litigation. All information is subject to change and should be independently verified. This website is for real estate professionals only.  Pricing V. 1.1.19
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  • Home
    • FAQ's >
      • Sponsorship Broker Blog
    • About Us >
      • Contact Us
    • Consumer Notice
  • Blog
  • LLC Sponsorship
    • LLC Sign Up
    • Out of State Brokers
    • Owner Recommendations
    • Cost Breakdown
    • LLC Formation Tips
    • Join a Brokerage/Add Agent
    • Entity Portal
  • Agents>Join Now
    • MLS & Realtor Board Membership
    • Get Licensed in Texas >
      • Texas FAQs >
        • Helpful Links
    • Licensing Process
    • Broker Fee Pricing
    • Agent Recommendations
    • Agent Sponsorship Forms
  • DBA Sponsorship
    • DBA - Add a Team Member
  • Agent Benefits
    • TBS Training Portal
    • Request a CMA
    • Agent Area Portal
    • File/Doc Upload
    • Lease & Referral Doc Upload
  • Apartment Locator Sponsor
  • Payment