How Long Does It Take A&M To Review Your Application Texas Real Estate Commissions

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Texas Real Estate Commissions

TREC or the Texas Real Estate Commission is a state agency that was established in 1949 to enforce four specific laws such as the real estate license law, the real estate inspector law, the housing service company law, and the timeshare law in Texas.

TREC regulates the activities of real estate brokers, salespeople, inspectors, residential service companies, timeshare developers, and providers of real estate education and inspection courses. TREC’s main purpose is to protect the legal rights of Texas citizens and provide them with honest, reliable and competent real estate service. The commission reviews programs that deal with real estate education providers and inspection courses. It tries to identify and regulate the errors and shortcomings present in it.

TREC has mandated that real estate brokers and salespeople maintain certain levels of education in order to hold a valid license to practice as a real estate agent. Real estate license law provisions and Texas Real Estate Commission rules bind all real estate agents and professionals to provide competent and honest service to buyers. TREC also licenses real estate inspectors, agents, housing service companies, and real estate schools. This commission also does the registration of timeshare properties.

The Texas Real Estate Commission has statutory relationships with three state entities, namely, the Texas A&M University Real Estate Center, the Texas Savings and Mortgage Loan Department, and the Texas Appraiser Licensing and Certification Board. The commission has a partnership with the Texas A&M University Real Estate Center to conduct research in addition to some educational projects. It also appoints two members of the Mortgage Brokers Advisory Board of the Savings and Mortgage Loans Division. Cooperation with this agency solves issues related to real estate agents and mortgage brokers. The commission also signed a memorandum of understanding with the Texas Appraiser Licensing and Certification Board to provide them with administrative support, which was approved by their governing bodies.

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