Be advised that both offices of SABOR will be closed on Monday, July 3rd and Tuesday, July 4th in observance of Independence Day. Normal business hours will resume on Wednesday, July 5th.
SABOR’s annual General Membership Breakfast will take place on July 27 and feature guest speaker Mayor Ron Nirenberg. Members will also enjoy a delicious, catered breakfast as well as the opportunity to network, hear important Board updates and vote on the 2018 slate for Board of Directors. Read more
The June 10th runoff results for San Antonio mayor and six council seats are in, and the city will soon welcome its new mayor and six new council members to office. In an unusual turn of events, the runoff elections saw increased voter turnout from the general elections. Just over 13 percent of the city’s registered voters turned out for the election, a slight increase from the 11 percent that turned out for the general election. Read more
The slate of nominees for SABOR’s 2018 Board of Directors will be presented on July 27 at the General Membership Breakfast. Read more
RatePlug, an MLS member benefit which allows agents to provide homebuyers with live, interactive mortgage payment information, has launched a new dashboard to help REALTORS® close more deals, do less research and appeal to more homebuyers. Read more
Question: May an unlicensed individual manage a trust account for a broker?
Answer: No. Under TREC Rule §535.146(C)(7) it provides: “A broker may only authorize another license holder to withdraw or transfer money from any trust account but the broker remains responsible and accountable for all trust money received by that broker and all deposits to or disbursements from the trust account.”