I'm a licensed Realtor in Texas. I have a property I plan to sell FSBO. is this allowed or do I have to do it through my brokerage and give them a cut?
I purchased a rental property way before I became an agent. I'm am selling it to my in-laws. I want to sell it FSBO and not through my brokerage. This is my private property being sold to family members. The brokerage has zero to do with this deal in anyway shape or form it never got listed or anything else. But according to their polices if we sell our own investment properties we have to give them a cut of what would be commission we would have made from selling it from someone else (doesn't seem entirely fair imo but whatever).
Can I legally (not get in trouble with TREC) sell this property with out including them in the deal or letting them know?
Also if I get rid of my real estate license can I flip houses on my own or would that be considered practicing real estate without a license?
Thank you all for your wisdom.
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source https://www.reddit.com/r/RealEstate/comments/ztijea/im_a_licensed_realtor_in_texas_i_have_a_property/
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