What role does the Texas Real Estate Commission (TREC) play in the real estate profession?

The Texas Real Estate Commission (TREC) is primarily responsible for licensing and regulating real estate professionals in Texas. This encompasses a variety of important functions such as establishing the requirements for obtaining and maintaining a real estate license, overseeing the continuing education of license holders, and enforcing the Real Estate License Act. TREC's regulatory authority ensures that real estate agents adhere to ethical practices and standards, which helps protect consumers in real estate transactions. This central focus on regulation and licensing differentiates TREC from other entities that may have roles in the competitive landscape or financial aspects of real estate. Thus, understanding TREC's core mission enhances the knowledge regarding the governance of the real estate profession in Texas.