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How do I report a property management company in Texas?

If you feel there has been a violation of The Real Estate License Act or TREC rules you have the right to file a complaint with TREC. This is who TREC regulates, or the types of professionals you can file a complaint against to TREC.

Who oversees property management companies in Texas?

The Texas Real Estate Commission (TREC) is a regulatory body in Texas that oversees, among other things, residential property management. Property managers of single-family homes in Texas are usually required to have a brokers license.

How much do property management companies charge in Texas?

The average property management fee for rental properties in Texas is between 8% and 15% of the monthly rent collected, with a predominant 10% fee charged by most companies. However, its essential to consider additional fees and the specific services provided when evaluating property management options.

Does the Texas Property Code deal with property management?

Property managers and landlords in Texas are required by law to comply with state property codes. Chapter 92 of the Texas Property Code addresses property code specific to rental properties.

What are the responsibilities of the Texas Real Estate Commission?

The agency provides licensing, education, and complaint investigation services, as well as regulation and enforcement of state laws and requirements that govern each of these areas of service to consumers in Texas.