Texas Real Estate Commission (TREC) is a regulatory body serving to protect the interest of Texas citizens in matters of real estate, thereby ensuring economic growth.
The Real Estate Commission in Texas ensures the availability of honest and efficient service providers through systematic training programs.
Formed in 1949 this Texas real estate regulatory body implements four laws, and shares statutory relationships with three state undertakings. TREC is located in 1101 Camino La Costa, Austin, Texas 78752
Texas Real Estate Commission Functions
The Texas Real Estate Commission is the regulatory body of the state for the following service providers:
- Real Estate Inspectors
- Real Estate Salespersons and brokers
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- Timeshare Developers
- Residential Service Organizations
- ERW (Easement or Right-of-way) agents
- Real estate and inspection course Education providers
The real estate agents as per the guidelines of TREC are expected to attain a specified education level to become licensed agents. The agents on all occasions must follow the Texas Real Estate Commissions' rules, and abide by the provisions of the real Estate License Act. In all cases the agents must be honest to their clients and deal with them very effectively.
The four laws that are administered by the TREC are:
- Texas Timeshare Act - Texas Property Code, Chapter 221
- Real Estate License Act - Texas Occupations Code, chapter 1101
- Real Estate Inspectors Act - Texas Occupations Code, chapter 1102
- Residential Service Company Act - Texas Occupations Code, chapter 1303
TREC's Statutory Relationships
Texas Real Estate Commission shares a statutory relationship with the following state undertakings:
- Texas Department of Savings and Mortgage Lending
- Texas Appraiser Licensing and Certification Board
- Real Estate Center at Texas A&M University
