What is TREC's role in relation to real estate license holders?

TREC, or the Texas Real Estate Commission, plays a crucial role in the oversight and regulation of real estate license holders in Texas. Its primary function is to issue regulations and enforce the laws governing real estate practice within the state. This includes setting standards for the licensing of real estate professionals, ensuring compliance with applicable real estate statutes, and implementing policies that uphold the integrity of the industry.

By enforcing these regulations, TREC helps protect consumers and maintain high ethical standards among real estate practitioners. This oversight includes handling complaints against license holders, conducting investigations, and taking disciplinary actions when necessary.

In contrast, other functions such as providing loans, managing property sales, or offering legal advice are not within TREC's scope. TREC does not engage in the financing of property purchases, the direct management of real estate transactions, or the provision of legal counsel to agents, as those responsibilities typically fall outside the regulatory framework and into the responsibilities of financial institutions, brokerages, or legal professionals respectively.