Have you outgrown your home or has your home outgrown you and your household? Fewer and fewer families expect to stay in their first or second home for the long haul. Here are some factors to
What Is IABS Form
Is your IABS form filled out and posted to all your business websites?
“We’re emphasizing IABS rules because far too many license holders are still not in compliance,” says Texas Real Estate Commission Chairman Avis Wukasch. “Also, now that the requirement for license holders to identify themselves in advertising as a licensed broker or agent has been eliminated, it makes the proper display and delivery of the IABS notice even more important for consumer protection.”
Texas law requires all agents and brokers to provide written notice regarding information about brokerage services at the first substantive communication with a prospective client. The Information About Brokerage Services form is the required method to provide that information to those parties.
Do you have a website?
Even if you deliver the required form in person or via email to prospective clients, you’re required to post a completed IABS form on the homepage of your business website. “Completed” means that all applicable fields are filled out—blank forms don’t count.
What counts as a business website?
If the URL is listed on your business card, yard sign, or ad, it’s a business website. TREC says it’s “any website used to attract or conduct real estate brokerage activity”—that includes Facebook business pages. If you have more than one business website, a link to your completed IABS form must be provided on the homepage of each one.
Where to get more compliance information
Ashley Browning, Realtor®
Access all available and coming soon homes with my mobile app Click here
Do you know your homes value in today's market? Click here
Out of my 25+ years of real estate experience & career, I have acted as Senior Escrow Officer and Title Operations Manager for a Fee Attorney – Title Office in Rockwall County. Also moved to work in....
Latest Blog Posts
*BEWARE* Real estate scheme may cost Utah family their life savingsCouple wires $91,000 to hoaxer masquerading as real estate agentBY JOTHAM SEDERSTROM Staff Writer INMANJAN 2An