TX SB1968

Requires real estate license holders who perform brokerage acts for prospective residential property buyers to enter into a written agreement before showing property or presenting offers, specifying services, termination date, representation status, and compensation amount with disclosure that fees are negotiable

Allows brokers to show property to parties without representing them if no agency agreement exists and the broker provides no opinions, advice, or other brokerage acts beyond confirming property size, price, and terms

Mandates that all licensed brokers and sales agents who supervise others complete a broker responsibility course (up to 6 classroom hours) during each license term, expanding from previous requirement that applied only to designated brokers and sponsors

Simplifies qualifying real estate course categories by removing detailed topic lists from statute, giving the Texas Real Estate Commission flexibility to set curriculum requirements by rule

Requires license holders to provide written notice describing broker representation types, duties to represented and unrepresented parties, and contact information for the license holder, supervisor, and broker at first substantive communication about a property