As the broker for my firm, can I appoint myself to represent one of the parties in an intermediary situation?

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  • As the broker for my firm, can I appoint myself to represent one of the parties in an intermediary situation?

No. Appointing yourself, the firm’s broker, to represent one party and appointing a sponsored licensee to represent the other party in an intermediary situation may not be considered fair and impartial, which is required by the Real Estate License Act.

Remember that intermediary isn’t mandatory. The Texas REALTORS® listing agreements and buyer representation agreements allow brokers to address whether they will allow an intermediary in a transaction, but a firm may also adopt a no-intermediary policy.

Source: TAR

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