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

What must an agent complete when changing brokers?

1. Sales Agent Termination Form

2. Sales Agent Sponsorship Form-1

3. Broker Change Application

4. Agent Change Request

The correct answer is: Sales Agent Sponsorship Form-1

The correct answer is the Sales Agent Sponsorship Form-1, which is required when an agent changes brokers in Texas. This form is essential because it officially records the new sponsorship under a different licensed broker, which is a necessary step in maintaining compliance with Texas real estate laws. When an agent switches brokers, they are effectively initiating a new relationship that must be documented. The Sales Agent Sponsorship Form-1 not only informs the Texas Real Estate Commission (TREC) of the change but also serves as a notification for all concerned parties, including former brokers and clients, ensuring that the continuity of the agent's practice and legal obligations is upheld. The other options, while related to processes within real estate transactions and licensing procedures, do not specifically address the requirement for a licensed agent to formalize their sponsorship under a new broker. For instance, a Sales Agent Termination Form is pertinent for documenting the end of the relationship with the previous broker but does not establish the new affiliation. Similarly, a Broker Change Application might exist in some contexts, but it is not the standard form recognized for this specific purpose in Texas. Lastly, an Agent Change Request lacks the formal recognition and requisite nature needed to complete the broker change process effectively.