Real Estate

John asked:


My question is regarding to Complaint File No. 92797 mailed to TREC in Texas. Current TREC members and Mrs. Della Lindquist, Director of Real Estate Enforcement in Texas don’t see the followings are any violations:

1) Seller is a licensed saleperson in TX. She sold a property, her own restaurant, to me. She did ever tell me she is a real estate agent throughout the sale until close. Is it not a violation?
–> TREC does not see any violation
2) Seller’s mother is the main chef. Seller (remember she is RE licensee), did not tell me any family relationship, even when I asked. Is it not a violation?
–> TREC answers this is not a violation
3) Seller advertised on a local paper money can be got back w/in 6 mos. In fact, I had to cover big loss every month for almost a year.
–> as seller is a licensee, is it not a violation?
=> TREC says it is not violation
4) Seller changed the Bill of Sales to a lower price than what I paid her in the Sale Contract. Probably she is playing with tax on gain. Is it not considered any kind of violation?
=> TREC does not see any violation

So, if all of these are not violation based on answered from Texas Real Estate Enforcement Department, then:
- Buyers in Texas should be careful and alerted this may happen to you similarly done by Texas RE agents, as TREC does not see any violations.
- Texas RE licensed agents, it could be OK for you doing similar ways as Texas Real Estate Enforcement departments will never consider violations. This can help you agents to sell easier.

It seems either Real Estate Laws in Texas has been changed, OR Real Estate Laws in Texas is just for reading, not for understanding, following, and executing properly.
typo in question 1) should be corrected as:

She did NOT ever tell me she is a real estate agent throughout the sale until close. Is it not a violation?