Texas Designated Broker Services — Retain Your Non-Board Agents Under a Separate Entity
Already running a Texas brokerage? Stop losing non-Realtor agents to board membership requirements.Texas Broker Sponsor™ acts as your Designated Broker of record for a separate business entity — so you keep your agents and your main brokerage runs untouched.
|
Ready to Stop Losing Non-Board Agents?
The conversation is confidential and there is no obligation. Call or email to discuss whether this structure makes sense for your brokerage. 📞 (210) 201-6250 [email protected] TXSOS - Certificate of Formation for Business Entity
TREC - Application for Brokers License by Business Entity TREC - Change of Designated Broker for Business Entity TREC - Certificate of Insurance for Business Entity IRS - EIN Form SS-4 TXSOS - Add A Member to Your LLC Have a Proposal?
We are always open to other possible creative business relationships. Send your proposal to our broker. |
Are you a Texas Broker Already?You have built a productive brokerage. You have board membership, MLS access, and a team that generates real income. And then an agent — one of your best — tells you they will not join the board. The board's rules say they must. You have no good answer. They leave.
This is not a rare situation. Many Texas boards require agents sponsored under a board-member broker's license to also hold board membership. It is not a TREC requirement — it is a private contractual rule imposed by the board. But it flows downstream to every agent under your license, and you cannot override it within your existing structure. The agents most likely to leave over this are often your most self-sufficient producers: investor agents, commercial practitioners, referral licensees, and cost-conscious professionals who have calculated that board dues offer them no return. Don't you wish there was a better way to retain your agents? Under a different brokerage entity, and under a different designated broker of record — now there is an option for you. The Separate Entity Solution
Our broker currently acts as Designated Broker for many brokerage entities based in Texas and out-of-state. He has the experience to help you set up your broker business entity so that it meets all licensing requirements by the Texas Real Estate Commission. The benefit to you is that you can continue running your main brokerage while we act as your Designated Broker for your non-board member agents. Your existing brokerage, board membership, and MLS access are completely unaffected. The two entities are legally separate. What Your Entity Must Have
Our best business relationships have always been based on mutual benefit. Special pricing requests and accommodations are by prior arrangement and design. E&O Insurance — $1,000,000 Minimum RequiredYour brokerage entity must acquire E&O insurance for no less than $1,000,000 to protect the broker financially from any potential violations and fines, and to secure the payment of the broker's last month's fee in the case of dissolution of the relationship. Texas Real Estate Commission requires that brokerage entities maintain insurance coverage during the entity's operation. Need E&O coverage for your entity? Contact Networth Insurance Services, LLC — our affiliated insurance brokerage — for a quote. No Escrow Handling. DESIGNATED BROKER WILL NOT HANDLE ESCROW ACCOUNTS. BUSINESS ENTITIES MUST ALWAYS USE LAWYERS OR TITLE COMPANIES FOR ESCROW/TRUST FUNDS. |
