Information About Brokerage Services – TREC Regulations

Information about the new TREC IABS and Consumer Protection Notice

In light of recent TREC regulations, you are now required to provide Information About Brokerage Services to your clients. You need to add a link to this form (shown below) on your website, Facebook business page and any other advertising media.  To learn more about this new regulation, click here.

HAR IABS locationIABS HAR Member PortalYou can preview, print and save a copy of the IABS form that HAR has already prefilled out for you.  You can also upload a copy of this prefilled form to Zipforms.

Information about Brokerage Services (IABS) Facts:

The new IABS and Consumer Protection Notice are statutorily required forms for consumer information to help ensure that consumers of Real Estate Services better understand how a broker or agent can represent them and where to find help if they need it.

  • The form should be filled out completely when it is linked to your website as well as when it is provided during the first substantive communication.
  • The only change that can be made to the appearance of the mandatory form is that the contact information may be prefilled. Do not change text, font size, style or add your business logo.
  • Business website means a website used to attract or conduct real estate brokerage activity, that includes a business Facebook page. For example: a website listed on a business card, yard sign or advertisements is a business website. If you have more than one business website then a link to the notice must be provided on the homepage of each business website.
  • The link to the IABS must read, “Texas Real Estate Commission Information About Brokerage Services” and be in at least 10 point font in a readily noticeable place on your homepage.
  • The IABS form linked to a broker’s business homepage only needs to contain information about the broker, including designated broker if an entity. If it is on the sales agent’s or associate’s homepage then the form should be filled out with the agent’s or associate’s information as well. If some contact information blanks do not apply, simply fill in “N/A.”
  • If you are a “broker associate”, your name goes on the “Sales agent/Associate” line and the contact information for the brokerage you are associated with goes on the broker line.
  • If you are providing the IABS through a link in an email, the link and a specific reference to the IABS must be in the body of the email and look like the rest of the text in the body of the email (not smaller or a lighter color).

HAR Website IABSIf you use the HAR provided website this has already been added to your website for you as shown above.

Consumer Protection Notice Facts:

  • The Consumer Protection Notice is required to be posted at your place of business AND on your website. This includes a business Facebook page.
  • The Consumer Protection Notice cannot be altered in any way. Do not change the font or add your logo to the notice.
  • The link to the Consumer Notice must read, “Texas Real Estate Commission Consumer Protection Notice”, and be in at least 10 point font in a readily noticeable place on your homepage.

Consumer Protection Notice

 

 

 

 

 

 

 

Let me know exactly how I can help you grow your business and EARN it.  You can reach me at 832-727-2102 or ACraft@OldRepublicTitle.com.  Let’s SHARE SUCCESS in 2016!

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About AmyCraft

I've made a commitment to serve the real estate needs of my community - one family and one home at a time. My real estate knowledge and expertise are completely dedicated to you. I am a Graduate of Champions School of Real Estate and came into the real estate profession with an education background. Prior to working in real estate I was the owner of a successful daycare center. My career as an educator was very rewarding and taught me many things that I believe I have benefited from in the real estate industry. I have learned such things as negotiating with people while always keeping their best interest in mind, listening to what they are saying, maintaining flexibility and understanding, performing multiple tasks simultaneously and how to be assertive yet remaining calm under the most stressful situations. A real estate deal may be the biggest financial transaction a person will ever make. I try to respond to peoples concerns and fears with as much information as I can provide. Most importantly, I want to make sure my clients are comfortable with a certain price range rather than trying to push the pre-approved amount on them. I'm not a pushy Realtor, but I'm aggressive when it comes to getting my clients what they want. Whether you're looking to buy or sell, I can get your home sold, or find you the home you've been dreaming of. Either way, my goal is to make your experience comfortable, guided, fast, and efficient. After all "Nobody Knows The Area Better Than A Good Neighbor".
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