TREC or TAR?

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This January, the Real Estate Commission (TREC) released results from the 2016 License Holder Survey, which provides Commission insights into the status and needs of the agency’s license holders. A total of 6,914 licensed Texas real estate providers responded to the survey.

Interestingly enough, part of survey results reported that 81.4% of respondents chose “No Answer/Refused” when asked the extent to which they could agree to the following statement:

I fully understand the difference between the Association of REALTORS® and the Real Estate Commission.

While both entities serve Texas real estate license holders, each have a different purpose.  This blog helps REALTORS® understand the difference between TREC and TAR.

Texas Real Estate Commission (TREC)

Quick Facts:

  • TREC was established in 1949 by the Texas Legislature to safeguard consumers.
  • The Texas Appraiser Licensing and Certification Board (TALCB) shares resources with TREC to oversee real estate brokerages, real property appraisals, inspections, and more.
  • TREC provides licensing, education, and complaint investigation services.

The Commission can assist you in seeking qualifying education providers and approved courses in addition to how to renew or become licensed, all with a few clicks of a button.

TREC is not only a great resource for you, but also for consumers. They provide insightful consumer information that allows the public to learn the role of a sales agent, broker, appraiser and other key individuals that play a role in a real estate transaction.

You can think of TREC as an enforcer of the law — the agency enforces the laws and rules which govern sales agents and brokers. Ultimately, they are here to protect consumers in Texas.

Texas Association of REALTORS® (TAR)

 Quick Facts:

  • TAR was established in 1920 and is one of the largest professional membership association in the state.
  • It has reported having more than 100,000 members
  • It was established to promote and protect private-property ownership and rights.

Think of it as an advocacy organization — TAR advocates for your industry, your interests, and private-property rights. As a REALTOR®, TAR holds you to a higher standard and accountable for your actions by holding you to the REALTOR® Code of Ethics.

Your membership to TAR includes a variety of benefits on marketing tools, technology, car rentals, and a lot more. Ultimately, they are here to protect you, the Texas REALTOR®.

 

 

 

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