What does the Texas Real Estate Commission (TREC) Do?
TREC is the state's regulatory agency for the following:
Real Estate Brokers and Sales Agents
Real Estate Inspectors
Education Providers for Real Estate and Inspection Courses
Residential Service Companies
Easement Or Right-of-Way (ERW) agents
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 sales agents 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: