Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

REALTOR® members must submit commission disputes between Brokers to arbitration through their _____.

1. Local Broker Association

2. Board of REALTORS®

3. Association of REALTORS®

4. State Real Estate Association

The correct answer is: Association of REALTORS®

REALTOR® members are required to submit commission disputes between brokers to arbitration through their Association of REALTORS®. This procedure is established to ensure that disputes are managed fairly and consistently within a structured framework. The Association of REALTORS® serves as the organized body that oversees ethical standards and provides the necessary procedures for resolving disputes among its members. By bringing the issue to the Association, members can leverage established rules and guidelines specifically designed for mediation and resolution, ensuring that all parties involved receive a fair hearing. Utilizing the resources of the Association enhances professionalism within the industry and maintains the integrity of the REALTOR® brand, promoting a cooperative environment among brokers. The association not only facilitates arbitration but also upholds the REALTOR® Code of Ethics, which is crucial in maintaining trust and professionalism in real estate transactions. The other choices, while related to the real estate profession, do not specifically designate the appropriate body responsible for handling commission disputes. The Local Broker Association, Board of REALTORS®, and State Real Estate Association may have distinct functions, but for arbitration of commission disputes between brokers, the specified pathway is through the Association of REALTORS®.