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TXR 1507

Residential Buyer/Tenant Representation Agreement (Short Form)

Published by Texas REALTORS®

Maximum term

Negotiated

A representation agreement under Section 1101.563, so it carries a termination date the parties set.

A one-page version of TXR 1501 covering full or showing-service-only representation of a buyer or tenant in a residential transaction.

It is effectively two forms in one. The broker either provides Full Services, meaning best-efforts representation, or Showing Services, meaning property access for a flat fee. Either way it establishes an exclusive agency relationship and a fiduciary duty to the client.

The form defines two terms that decide its reach: “acquire”, meaning purchase or lease, and “market area”, the geographic part of Texas where the broker will represent the client.

Use it when

  • You want a representation agreement without the length of TXR 1501
  • You are providing showing services for a flat fee but still acting as the client's agent
  • The transaction is residential

Not for

  • Non-agency showings where you give no advice. That is TXR 1508.
  • Transactions outside the market area written into the form.

Tracking it

Because the term is negotiated, the end date on a TXR 1507 is whatever someone typed into the form. Nothing else will remind you what that date was. ExactCircle stores the signed PDF, tracks the end date, and emails you 7 days out, 3 days out, and on the day. See the Texas page, or read the guide on how this form works.

Related forms

Common questions

Is TXR 1507 the same as a showing form?
No. Its Showing Services option still creates an exclusive agency relationship and a fiduciary duty. TXR 1508 creates no representation at all.
What is the market area on TXR 1507?
The geographic area in Texas where the broker agrees to represent the client. It limits where the agreement applies, so it is worth filling in deliberately rather than broadly.

This is a plain-language summary, not legal advice. Rules change and local association forms vary. Check with your broker or attorney before you rely on any of it.

Sources

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