Realtors in Amarillo

Anyone acting as a real estate broker or sales agent in Texas needs a TREC license. A sales agent must work for, and act through, a licensed broker, who is responsible for the agent's work. TREC's License Holder Lookup shows whether a license is active, any disciplinary action, education and the agent's broker. Texas agents owe their client a duty to put the client's interests above all others, their own included.

Licensing takes real work: a sales agent needs 180 classroom hours of real estate courses, a background check and an exam, and a broker needs at least four years of active experience within the prior 60 months. If the person you meet calls themselves a broker, the lookup will confirm which license they hold.

At the first substantive talk about a specific property, the agent must give you the Information About Brokerage Services notice; the current form is IABS 1-2, effective January 1, 2026. They must also provide TREC's Consumer Protection Notice, currently CN 1-5.

An Amarillo buyer's agent now needs your signature before the first showing: state law, from January 1, 2026, requires a written buyer agreement before an agent working for you shows a home. The agreement must state the broker's pay and say that compensation isn't set by law and is fully negotiable. A broker can also show a home without representing you under a non-exclusive showing agreement of no more than 14 days. TREC doesn't regulate commissions, and it can't make a broker release you from a buyer agreement.

The Texas resale contract

TREC calls its resale contract, form 20-19 (effective July 1, 2026), its most frequently used form. The buyer pays an option fee for an unrestricted right to terminate within a negotiated number of days. Terminate in time and the earnest money comes back, though the option fee doesn't. Both go to the escrow agent within 3 days of the effective date. The seller of a single-dwelling home must give a Seller's Disclosure Notice by the effective date, or the buyer can terminate within seven days of getting it late.

Ask for a termite report during the option period; an official one comes from a TDA-licensed inspector, and Amarillo pest control covers that.

Texas has no state property tax. The Potter-Randall Appraisal District, 5701 Hollywood Rd. (prad.org), values Amarillo homes as of January 1. Bills come from the Potter County Tax Assessor-Collector, 900 S. Polk St., or the Randall County Tax Assessor-Collector in Canyon, and are generally due by January 31 of the following year.

• Under Tax Code amendments effective November 4, 2025, school districts must give a $140,000 residence homestead exemption, and homeowners 65 or older or disabled get an extra $60,000. Apply at the Potter-Randall Appraisal District, generally before May 1, and confirm the current amounts there.
• Protests are generally due by May 15 or 30 days after the appraisal notice, whichever is later.
• Appraisal districts such as Bastrop and Fort Bend CAD describe Texas as a non-sales-disclosure state and say they may not release sales data except for a protest. Ask your agent for comparable sales, and keep them if you plan to protest.

Exemption amounts are set by law and can change. Confirm tax questions with the appraisal district or a tax adviser, and contract questions with a licensed real estate broker or attorney.

The Texas statewide median home price was $339,000 in July 2026, unchanged from a year earlier, per the Texas Real Estate Research Center. That is a statewide figure; ask an Amarillo agent for local sales in the neighborhood you want. Texas also has no state income tax and bars new transfer taxes on home sales.

See the Texas real estate guide, the Amarillo city guide, Amarillo movers and realtors in Lubbock.