What must an agent do if they are no longer using an alternate name?

When an agent decides to stop using an alternate name, they are required to notify the Texas Real Estate Commission (TREC) and their broker within a specified timeframe. This is crucial because TREC needs to maintain accurate records of all licensed agents and their business practices. Failing to inform TREC can lead to compliance issues or potential penalties.

In contrast, changing their business model does not directly relate to the use of an alternate name. Opting for a new name immediately may not be necessary or beneficial if the agent is no longer utilizing the alternate name. Lastly, stopping all advertising is not a requisite action, as the agent may continue to advertise under their primary name or operate under their official designation without the alternate name. This requirement ensures all agents continue to adhere to the regulatory standards set forth by TREC.