Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - A Texas sales agent cannot practice real estate without being sponsored by a licensed broker. - Sponsoring brokers are ultimately responsible for the authorized acts of the sales agents they sponsor. - TREC requires sponsoring brokers to maintain written policies and procedures to ensure agent competency. - When a sponsorship is terminated, the sales agent's license becomes inactive, and they cannot perform any real estate activities. - A sales agent is prohibited from engaging in any brokerage activities during the time between terminating one sponsorship and activating a new one. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep