Which of the following is NOT a responsibility of the real estate commission?

Which of the following is NOT a responsibility of the real estate commission?

• A. Providing educational programs for licensees.
• B. Taking disciplinary action against licensees.
• C. Setting advertising prices for brokerages.
• D. Issuing and renewing licenses.

Answer: (C)

The correct answer is that setting advertising prices for brokerages is not a responsibility of the real estate commission. Real estate commissions typically focus on regulating the industry to protect the public and ensure fair practices among licensees. Their primary roles include issuing and renewing licenses, enforcing compliance with real estate laws, providing educational programs for licensees, and taking disciplinary actions against those who do not adhere to the established regulations. Advertising prices fall under the purview of individual brokerages and real estate professionals, as they have the discretion to set their own marketing strategies and pricing structures based on market conditions and business plans. Thus, the commission does not interfere with or dictate how brokerages advertise or price their services.

The correct answer is that setting advertising prices for brokerages is not a responsibility of the real estate commission. Real estate commissions typically focus on regulating the industry to protect the public and ensure fair practices among licensees. Their primary roles include issuing and renewing licenses, enforcing compliance with real estate laws, providing educational programs for licensees, and taking disciplinary actions against those who do not adhere to the established regulations.

Advertising prices fall under the purview of individual brokerages and real estate professionals, as they have the discretion to set their own marketing strategies and pricing structures based on market conditions and business plans. Thus, the commission does not interfere with or dictate how brokerages advertise or price their services.