Who is THRED Realty for?
Texas agents who know what they're doing and just want to hang their license, get back to work, and not pay a franchise fee for things they don't use. We're built for agents who don't need a traditional office or an MLS-heavy resale model — leasing agents, apartment locators, commercial and commercial-leasing agents, new-home and builder reps, investor, and off-market agents. We can do residential resale too, but it's not the focus.
Do I keep my own brand?
Yes. You run "Jane Smith Realty, sponsored by THRED" or whatever DBA you operate under. We're the back office; you're the face. On legal paperwork the brokerage of record is THRED.
What is the Active Broker Role split?
The Active Broker Role lane applies when the broker is actively working the transaction, not just supervising or reviewing. That can include client communication, deal structure, negotiation, strategy, or hands-on file support. When that role is set for the file, that deal runs at 60/40.
When does the per-file fee apply?
On closed deals only. No closing, no fee — you only pay the file fee when you get paid. It's a flat, cost-only fee that covers the per-deal back-office work (TC, accounting, transaction-specific compliance). Different fee for residential sale, residential lease, commercial sale, commercial lease, and referral out — see the table on /pricing.php. We're not a third-party TC, so there are no cancellation or dead-file charges if a deal falls apart.
How do the commission splits work?
The split tracks how much the broker is in the deal. Your residential sales and leases, you run yourself: 90/10. Commercial — office, retail, industrial, hotels — is broker-carried start to finish: 80/20. And when the broker takes an active role in the transaction — client communication, structuring, negotiation, or working through strategy with you — that is the Active Broker Role lane at 60/40. Plus a flat file fee on closed deals.
Can I cancel?
Yes. Sponsorship is month-to-month. Cancel anytime. We park your license, you transfer at TREC, and your Virtual Office is archived but stays accessible to us for the compliance window TREC requires.
I'm an apartment locator. Does this work for me?
Yes. Locators sponsor under THRED the same way as any other agent. Your name front, THRED on the contract paperwork. You keep your locator brand and your client list; we handle compliance and the back office.
Do I have to attend meetings or hit a quota?
No. No mandatory meetings, no production quotas, no franchise events. Pay the monthly fee, run your business, ask for help when you want it.
Do I have to do my own paperwork?
No. That's the point. Drop a request in your Virtual Office and the team handles it — contracts, offers, addenda, comps, MLS uploads, lease invoicing and collections. You stay on the client; the team pushes paper. Same business day on most things. This is what "virtual back office" actually means.
What can I actually send to the team?
Contracts and offers (your TC drafts the TREC forms). Addenda and amendments. Listing comps. MLS uploads. Lease commission invoices and collections (accounting bills it and chases it). Vendor wholesale orders. Compliance questions to the broker. If it's brokerage paperwork, send it. The team works every deal alongside you — the broker taking an active role in a transaction is the Active Broker Role (60/40) split.
What software do I get?
Your own Virtual Office — your desk in the platform. Every client conversation (text, email, web), every doc, every signature, all in one place. Your team plugs in alongside you. Nothing else to buy, nothing else to install for your clients.
Is the broker reading my client texts?
The broker has global access for compliance — same as any sponsoring brokerage in Texas — but we're not in your day-to-day deals. You and your clients run the conversation. We show up only when TREC audits or when you ask us in.
Who pays for E&O?
Included in your monthly fee. You don't need to bring your own.
Can I do commercial deals here?
Yes — commercial is a core focus. Office, retail, industrial, and hotels all run at an 80/20 split, because the broker carries the file start to finish: more planning, more review, more liability. A commercial deal isn't a bigger house — it needs broker-level work the whole way, and that's exactly what THRED is built to do.
How fast can I get started?
Apply today, get accepted within one business day. Transfer your TREC sponsorship online (usually same-day). Your Virtual Office goes live on acceptance — you're running deals by end of week.
Do you do stock plans or revenue share?
No. We're not selling belonging or upside in a stock plan. We're selling a clean, cheap back office. If you want the rev-share game, this isn't the brokerage for you.