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The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...
Real estate license. A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many ...
Real estate agent. Lawn signs advertising houses for sale. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1]
On the other hand, real estate sales is a relatively easy business to get into, as evidenced by NAR’s membership rolls of more than 1.5 million agents. To earn a real estate license, an agent ...
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Keller Williams was founded in 1983 by Gary Keller and Joe Williams. [4] It started out as a single office based in Austin, Texas, selling local residential real estate in the Austin area. [5] After two years in business, Keller Williams became the largest single office residential real estate firm in Austin with 72 licensed agents. [6]
A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...
Total equity. $351 million (2018) Number of employees. 1,074 (2018) Footnotes / references. [1] HFF, Inc. was a provider of capital markets and brokerage services to owners of commercial real estate. In 2019, the company was acquired by JLL .