Georgia real estate licensees are regulated by the:
Question & Answer
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Georgia Real Estate Board
The Georgia Real Estate Board does not exist in Georgia's regulatory structure. This option represents a common misconception where students confuse the actual name of the regulatory agency with similar-sounding names from other states.
Georgia Real Estate Commission
Georgia Department of Real Estate
There is no Georgia Department of Real Estate. This option reflects a misunderstanding of Georgia's government structure, as real estate regulation is handled by a commission rather than a department.
Georgia Association of REALTORS
The Georgia Association of REALTORS is a private trade organization that advocates for real estate professionals and provides education, but it lacks any regulatory authority. It's important to distinguish between professional associations and government regulators.
Why is this correct?
The Georgia Real Estate Commission (GREC) is the state agency created by Georgia law to license, regulate, and discipline real estate professionals. As a governmental body, GREC has the legal authority to establish rules, conduct investigations, and enforce compliance with real estate laws.
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