Agency
When a Texas broker team operates within a brokerage, team members must make clear that they are part of the team and:
AOperate as if they are an independent brokerage
BStill represent the sponsoring broker and comply with all TREC rules as sponsored agents✓ Correct
CCan set their own commission rates
DAre exempt from using the IABS form
Explanation
Real estate teams operate within a brokerage under the sponsoring broker's supervision and license. Team members are still sponsored agents of the broker and must comply with all TREC rules. Teams cannot operate independently of the broker.
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