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

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What must a broker do when an agent resigns from their position?

Notify TREC with a phone call
Notify TREC by submitting a report
Notify TREC by sending the Notice of Sales Agent Sponsorship Termination
Notify TREC through email

The correct answer is: Notify TREC by sending the Notice of Sales Agent Sponsorship Termination

When an agent resigns from their position, the broker is required to notify the Texas Real Estate Commission (TREC) by sending the Notice of Sales Agent Sponsorship Termination. This is a formal process stipulated by TREC to ensure that all changes in the sponsorship status of a sales agent are properly documented and recorded. The notice serves to update TREC’s records and allows for a smooth transition for both the agent and the broker. Notifying TREC through a phone call would not provide a documented record of the termination, which is essential for regulatory compliance. Similarly, submitting a report or sending an email would not fulfill the specific requirement of using the designated Notice of Sales Agent Sponsorship Termination form. This ensures that TREC is informed in a consistent manner that meets regulatory standards.