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Texas Real Estate 26Part 2 of 3

Texas Real Estate 26 Exam Questions & Answers 2026 (11–20)

Texas Real Estate 26 practice questions and answers 2026. Tap an option to test yourself — you'll see the correct answer and a plain-English explanation for every question. Free, no login.

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  1. Q11Under an exclusive-right-to-sell listing, the broker earns a commission if the property sells:

    • AOnly if the broker personally finds the buyer
    • BOnly if the buyer is found through the MLS
    • COnly if the seller cooperates with the broker's marketing plan
    • DRegardless of who procures the buyer, including the seller
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    ✓ Correct answer: D. Regardless of who procures the buyer, including the seller

    An exclusive-right-to-sell listing entitles the broker to a commission no matter who produces the ready, willing, and able buyer — even if the owner finds the buyer independently.

    Topic: Agency & Disclosures

  2. Q12A listing agreement in Texas must contain which of the following to be enforceable?

    • AA 6% commission rate as set by TREC
    • BA definite expiration date
    • CA clause prohibiting the seller from contacting buyers directly
    • DApproval of the local MLS board
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    ✓ Correct answer: B. A definite expiration date

    TREC rules require that every listing agreement include a specific, definite termination date; open-ended listings are prohibited to protect sellers from being perpetually bound.

    Topic: Agency & Disclosures

  3. Q13Which listing type allows the seller to list with multiple brokers simultaneously, with a commission owed only to the broker who procures the buyer?

    • AExclusive-right-to-sell listing
    • BExclusive agency listing
    • COpen listing
    • DNet listing
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    ✓ Correct answer: C. Open listing

    An open listing is a non-exclusive arrangement where the seller may list with multiple brokers; only the broker who actually produces the ready, willing, and able buyer earns the commission.

    Topic: Agency & Disclosures

  4. Q14A Texas listing agreement includes a 'protection period' clause. What does this clause protect the broker against?

    • ALiability for misrepresentation by the seller
    • BCommission loss if the property is condemned
    • CLoss of commission if the listing expires before escrow closes
    • DThe seller circumventing the broker by selling to a prospect the broker introduced, shortly after the listing expires
    Show answer

    ✓ Correct answer: D. The seller circumventing the broker by selling to a prospect the broker introduced, shortly after the listing expires

    A protection (safety/carryover) clause extends the broker's right to a commission for a specified period after expiration if the property is sold to a prospect the broker introduced during the listing term.

    Topic: Agency & Disclosures

  5. Q15Under Texas law, a net listing is:

    • ALegal but discouraged by TREC and must be disclosed as such to the parties
    • BIllegal under TRELA and subject to license revocation
    • CRequired to be filed with TREC within 10 days of signing
    • DThe preferred listing form for residential properties under $200,000
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    ✓ Correct answer: A. Legal but discouraged by TREC and must be disclosed as such to the parties

    Net listings are legal in Texas but strongly discouraged by TREC because they create a conflict of interest — the broker profits more from a higher price. TREC rules require full disclosure of the broker's potential gain.

    Topic: Agency & Disclosures

  6. Q16A Buyer Representation Agreement (BRA) in Texas is primarily a contract between:

    • AA buyer and a sales agent personally
    • BA buyer and a broker
    • CA buyer and the MLS
    • DA buyer and the seller's broker
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    ✓ Correct answer: B. A buyer and a broker

    A BRA is a contract between the buyer and the BROKER (not the individual sales agent), establishing the broker as the buyer's agent and specifying compensation terms.

    Topic: Agency & Disclosures

  7. Q17Which of the following best describes what a buyer's agent is obligated to do for a client under a buyer representation agreement?

    • AShow only properties listed in the MLS
    • BDisclose all seller motivation to help negotiate the lowest price
    • CRepresent the buyer's best interests in negotiations and transactions
    • DRefer the buyer to no fewer than three lenders
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    ✓ Correct answer: C. Represent the buyer's best interests in negotiations and transactions

    A buyer's agent owes the buyer fiduciary duties including loyalty, confidentiality, disclosure, obedience, reasonable care, and accounting — the core of which is representing the buyer's best interests.

    Topic: Agency & Disclosures

  8. Q18When must a Texas buyer representation agreement be in writing to be enforceable?

    • AOnly for commercial transactions exceeding $50,000
    • BOnly if the buyer is financing the purchase
    • COnly when the broker is also the listing broker
    • DAlways — Texas requires written agreements for broker compensation
    Show answer

    ✓ Correct answer: D. Always — Texas requires written agreements for broker compensation

    Under TRELA and the Statute of Frauds, agreements between a buyer and broker for compensation must be in writing to be enforceable in Texas.

    Topic: Agency & Disclosures

  9. Q19A buyer's agent discovers the property her client is about to purchase has undisclosed foundation issues visible from the attic. What must the agent do?

    • ADisclose the defect to the buyer immediately regardless of the seller's instructions
    • BKeep the information confidential to avoid disrupting the transaction
    • CNotify the listing broker only and let them handle it
    • DWait for the buyer to order an inspection before mentioning anything
    Show answer

    ✓ Correct answer: A. Disclose the defect to the buyer immediately regardless of the seller's instructions

    A buyer's agent owes the client a duty of disclosure, including known material defects. The agent must inform the buyer even if it jeopardizes the transaction.

    Topic: Agency & Disclosures

  10. Q20A buyer's agent is working under an exclusive buyer representation agreement with a definite expiration date. The buyer finds a property on their own and closes after the agreement expires but within the protection period. Is the broker owed compensation?

    • ANo, because the buyer found the property independently
    • BYes, if the property was introduced to the buyer by the broker during the agreement term
    • CNo, because the agreement expired before closing
    • DYes, regardless of who introduced the property, as long as the buyer used any agent
    Show answer

    ✓ Correct answer: B. Yes, if the property was introduced to the buyer by the broker during the agreement term

    If the buyer representation agreement contains a protection clause and the buyer closes on a property introduced by the broker during the term, the broker is owed compensation even after expiration.

    Topic: Agency & Disclosures

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