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Real Estate Exam [Texas] 13, Intermediary Relationship Basics

Real Estate Exam [Texas] 13, Intermediary Relationship Basics

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 This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Intermediary is the Texas-specific alternative to dual agency, applying when one brokerage represents both buyer and seller. - Acting as an intermediary is only legal with explicit written consent from both parties, typically found in representation agreements. - An intermediary broker must remain neutral, facilitating the transaction without providing advice or opinions to either side. - Confidential information, such as negotiating positions, cannot be disclosed by the intermediary without written permission. - A broker may appoint different agents to the buyer and seller, which allows those appointed agents to provide advice to their respective clients. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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