# TREC Information About Brokerage Services | Dallas High Rise Apartments

> Texas Real Estate Commission Information About Brokerage Services notice for Spirit Real Estate Group (TREC #562021), operator of Dallas High Rise Apartments.

URL: https://dallashighriseapartments.com/trec-information-about-brokerage-services/

# TREC Information About Brokerage Services

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

Last updated: October 20, 2026

The official, current version of this notice is published by the Texas Real Estate Commission (TREC). You can view and download the official form (IABS 1-0) from 

TREC's website

[https://www.trec.texas.gov/forms/information-about-brokerage-services →](https://www.trec.texas.gov/forms/information-about-brokerage-services)

. A summary is below.

## Types of Real Estate License Holders

-   **A broker** is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.
-   **A sales agent** must be sponsored by a broker and works with clients on behalf of the broker.

## A Broker's Minimum Duties Required by Law

A client is the person or party that the broker represents. A broker must:

-   Put the interests of the client above all others, including the broker's own interests
-   Inform the client of any material information about the property or transaction received by the broker
-   Answer the client's questions and present any offer to or counter-offer from the client
-   Treat all parties to a real estate transaction honestly and fairly

## A License Holder Can Represent a Party in a Real Estate Transaction

### As agent for owner (seller or landlord)

The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer's agent.

### As agent for buyer or tenant

The broker becomes the buyer or tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker's minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller's agent.

### As agent for both: intermediary

To act as an intermediary between the parties, the broker must first obtain the written agreement of each party. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. An intermediary must treat all parties honestly and fairly and may not disclose certain confidential information without permission.

### As subagent

A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

## To Avoid Disputes, All Agreements Between You and a Broker Should Be in Writing

Agreements should clearly establish the broker's duties and responsibilities to you, and your obligations under the representation agreement, and who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

## How We Are Compensated

For apartment locating, Dallas High Rise Apartments is typically compensated by the apartment community through a referral fee when a renter we refer signs a lease. Renters do not pay us. Please ask us if you have any questions about our role or compensation.

## License Holder Contact Information

| Licensed broker / broker firm | Spirit Real Estate Group |
| --- | --- |
| License no. | 562021 |
| Email | hello@dallashighriseapartments.com |
| Address | 1701 N Collins Blvd Ste 231, Richardson, TX 75080 |
| Designated broker, supervising agent and sales agent details | Provided on request and on the official IABS form |

Regulated by the Texas Real Estate Commission. Information available at 

www.trec.texas.gov

[https://www.trec.texas.gov →](https://www.trec.texas.gov)

. See also our 

TREC Consumer Protection Notice

[/trec-consumer-protection-notice/ →](/trec-consumer-protection-notice/)

.