You also can find answers to a wide variety of frequently asked legal questions at texasrealestate.com/faq. Members may also call the Legal Hotline at 800-873-9155 to speak with a Texas REALTORS® attorney who can answer questions of a general nature—not provide specific legal advice—on real estate law and related matters. The hotline is available 9 a.m. to 4 p.m. Central, Monday through Friday, excluding holidays.
It doesn’t just mean the client isn’t paying you.
Texas REALTORS® has received many questions on a 2022 revision to NAR’s Code of Ethics.
Standard of Practice 12-1 now says: REALTORS® must not represent that their brokerage services to a client or customer are free or available at no cost to their clients, unless the REALTOR® will receive no financial compensation from any source for those services.
This change makes it clear that if REALTORS® are receiving compensation from any source, such as a buyer’s agent getting paid from the seller or the listing agent, they cannot say their services are free or at no cost.