RE: ADDENDUM (txr 2406 ) form
were is located that addendum
Sort By:
Hey Guadalupe, Great Question! That form was actually just a temporary workaround and isnt used anymore now that the contract has been updated. From here on out, youll either use Form 2402 or go with Section 12.A.1.b in the One to Four contract to ask for the seller to pay the buyer agent commission. The one you choose will ultimately depend on how the listing agent sets up their listing agreement. Always good to ask before showing if you want to get paid!
Hi. As of December 16, 2024, the Addendum Regarding Brokers Fees (TXR 2406) and the Amendment to Representation Agreement (TXR 2701) will no longer be available for use on the Texas REALTORS website or through approved form vendors. These forms filled gaps during the transition to the new NAR MLS rules regarding broker compensation. Read more about it here https://www.texasrealestate.com/members/legal-and-ethics/resources/legal-faq/addendum-regarding-brokers-fees-txr-2406/
source:
https://www.texasrealestate.com/members/legal-and-ethics/resources/legal-faq/addendum-regarding-brokers-fees-txr-2406/
https://www.texasrealestate.com/members/legal-and-ethics/resources/legal-faq/addendum-regarding-brokers-fees-txr-2406/
This addendum was a short term fix until the latest contract update so it's no longer available for use. You'll either use form 2402 or section 12.A.1.b (of the 1 to 4, assuming that's the contract you need it for) to request buyer agent commission paid by seller (which you'll use depends on how the listing agent took the listing).
You can find the document anywhere you get your Real Estate documents. If you cant find it sign into TREC and you can obtain docs from that site.
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
Resolved
Saved
