SECTION 535.153. Violating an Exclusive Agency  


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  • Although a license holder, including one acting as agent for a prospective buyer or prospective tenant, may not attempt to negotiate a sale, exchange, lease, or rental of property under exclusive listing with another broker, the Act does not prohibit a license holder from soliciting a listing from the owner while the owner's property is subject to an exclusive listing with another broker.

Source Note: The provisions of this §535.153 adopted to be effective January 1, 1976; amended to be effective June 22, 1990, 15 TexReg 3336; amended to be effective August 31, 2004, 29 TexReg 8297; amended to be effective January 1, 2011, 35 TexReg 11691; amended to be effective January 1, 2015, 39 TexReg 9669