Guide to using the updated Paragraph 12 for broker compensation agreement

TREC recently made changes to Paragraph 12 in several sales contracts. Many REALTORS® are now asking if they should use Paragraph 12 in the contract or the Compensation Agreement Between Brokers (TXR 2402) to document broker compensation.

Texas REALTORS® released this “How to Use” guide in today’s Focus newsletter to help answer member questions on the use of the form.