In Texas, only a licensed real estate agent or a licensed attorney can collect a real estate commission. Chapter 1101 of the Texas Occupations Code specifies as follows:
§ 1101.806. LIABILITY FOR PAYMENT OF COMPENSATION OR COMMISSION.
SUBTITLE A. PROFESSIONS RELATED TO REAL ESTATE
SUBCHAPTER Q. GENERAL PROVISIONS RELATING TO LIABILITY ISSUES
(b) A person may not maintain an action to collect compensation for an act as a broker or salesperson that is performed in this state unless the person alleges and proves that the person was:
(1) a license holder at the time the act was commenced; or
(2) an attorney licensed in any state.
To find out more about becoming a licensed real estate agent, check out the Occupations Code, Chapter 1101 or the Texas Real Estate Commission website.
To find out more about Peterson & Swearingen, click here.
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