What does the Texas Real Estate Commission (TREC) Do?

Types of businesses NOT regulated by TREC and who regulates them.

TREC exists to protect and serve the citizens of Texas. The Commission's programs of education, licensing and industry regulation ensure that real estate service providers are honest, trustworthy and competent.

TREC requires that all real estate brokers and salespersons meet and maintain specified levels of education to hold a license to act as a real estate agent. Agents are required to follow the provisions of The Real Estate License Act and the Rules of the Texas Real Estate Commission in all transactions and to deal with the public in a competent and honest manner. The Commission also licenses real estate inspectors, residential service companies, real estate schools and registers timeshare properties.

Created in 1949, the Texas Real Estate Commission (TREC) administers four laws:

 Texas Occupations Code, Chapter 1101 - The Real Estate License Act
 Texas Occupations Code, Chapter 1102 - Real Estate Inspectors
 Texas Occupations Code, Chapter 1303 - the Residential Service Company Act
 Texas Property Code, Chapter 221 - the Texas Timeshare Act

TREC has a statutory relationship with three state entities:

• the Commission partners with the Real Estate Center at Texas A&M University on research and education projects;

• it appoints two members to the Mortgage Broker Advisory Committee of the Texas Department of Savings and Mortgage Lending and cooperates with that agency on issues affecting real estate licensees and mortgage brokers;

• TREC provides administrative support to the Texas Appraiser Licensing & Certification Board (TALCB) under a memorandum of understanding approved by their governing boards.

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