When can a license holder engage in business after changing to a new broker?

A license holder can engage in business immediately after changing to a new broker, but only once the necessary paperwork has been completed and submitted. This includes ensuring that their fees and sponsorship forms have been mailed to the Texas Real Estate Commission (TREC). The submission of these forms is critical, as TREC needs to update their records to reflect the new broker's sponsorship. Once TREC has processed this paperwork, the license holder is officially affiliated with the new broker, allowing them to conduct business without any delays.

The need for the formalities like mailing the sponsorship forms underscores the importance of maintaining an accurate real estate license status with TREC. Engaging in business before this process is completed could lead to potential legal or regulatory issues for both the license holder and the broker, as they would not be recognized as agents of the new broker.