Which of the following actions is NOT grounds for revoking a sales agent's license?

Accepting a lower commission rate than required by the broker is a permissible action under Texas real estate regulations and is not a basis for license revocation. In practice, real estate agents sometimes negotiate their commissions and may agree to rates that differ from what the broker usually expects. However, the key factor here is that this action does not compromise ethical standards or violate laws governing real estate practices.

In contrast, failing to provide proper disclosures to clients is a serious violation that can lead to revocation, as it undermines the trust and transparency necessary in real estate transactions. Engaging in fraudulent transactions is another severe breach of conduct, including deceptive practices that can mislead clients or affect the integrity of the real estate market, warranting the loss of a license. Being found guilty of a felony can result in revocation as well, especially if the felony is related to dishonest conduct or fraud, emphasizing the importance of maintaining a clean legal record in the profession.