| TREC or Texas Real Estate Commission is a | | | | customers with a competent and honest |
| government body that was created in 1949 to | | | | service. TREC also gives licenses to real |
| administer four specific laws such as real | | | | estate inspectors, agents, residential |
| estate license act, real estate inspector | | | | service companies and real estate schools. |
| act, residential service company act and | | | | This commission also does registration of |
| Texas timeshare act.TREC regulates activities | | | | timeshare properties.Texas Real Estate |
| of real estate brokers, salespeople, | | | | Commission has statutory relations with three |
| inspectors, residential service companies, | | | | state entities namely, real estate center at |
| timeshare developers and education providers | | | | Texas A&M University, Texas department of |
| for real estate and inspection courses. Main | | | | savings and mortgage lending and Texas |
| purpose of TREC is to protect legal rights of | | | | appraiser licensing and certification board. |
| citizens of Texas and provide them with | | | | The commission has partnership with Texas A&M |
| honest, trustworthy and competent real estate | | | | University's real estate center for |
| service. The commission reviews programs | | | | conducting research along with some education |
| dealing with education providers for real | | | | projects. It also appoints two members to |
| estate and inspection courses. It tries to | | | | mortgage broker advisory committee of |
| identify and regulate errors and drawbacks | | | | Department of savings and mortgage lending. |
| present in it.TREC has made it mandatory for | | | | Issues relating to real estate licensees and |
| real estate brokers and salespersons to | | | | mortgage brokers are resolved by cooperating |
| maintain specified levels of education in | | | | with this agency. Commission also has signed |
| order to hold a valid license to work as a | | | | a memorandum of understanding with Texas |
| real estate agent. Provisions of real estate | | | | appraiser licensing and certification board |
| license act and rules of Texas real estate | | | | under which it provides administrative |
| commission are binding on all real estate | | | | support to them, which is approved by their |
| agents and professionals in order to provide | | | | governing bodies. |