Which entity has the authority to change broker license requirements in Texas?

In Texas, the entity that has the authority to change broker license requirements is the Texas Real Estate Commission (TREC). TREC is responsible for regulating the real estate industry in Texas and has the statutory power to establish rules and regulations governing the licensure and conduct of real estate brokers and agents. This includes the ability to modify the requirements for obtaining and maintaining a broker license, ensuring that they meet the current standards and needs of the industry.

The Texas Legislature does enact laws that establish the framework within which TREC operates, but it is TREC that executes those laws through rule-making and sets the specific licensing criteria. The Governor of Texas and the Texas Department of Licensing do not have the authority to independently alter broker license requirements; instead, their roles are more about governance and oversight rather than direct regulation of real estate practices. This regulatory structure allows TREC to respond to changes in the real estate market and adapt licensing requirements as necessary.