What does the real estate commission seek to define through enforceable guidelines?

The real estate commission seeks to define ethical unprofessional behavior of licensees through enforceable guidelines to establish standards of conduct and professionalism within the industry. These guidelines are essential for maintaining a level of integrity and trust that is necessary for both real estate professionals and clients. By outlining what constitutes ethical versus unethical behavior, the commission helps safeguard consumer interests and ensures that licensees adhere to a code of conduct that promotes fair practices. This framework helps to regulate the professional behavior of agents and brokers, thereby ensuring that they act in the best interests of their clients while also upholding the law.

While commission rates, market value assessments, and loan approval processes are important aspects of real estate transactions, they do not fall under the specific purview of the commission's guidelines focused on the ethical standards for licensees. The primary goal of these guidelines is to foster professionalism and reduce the risk of unethical practices in the real estate industry.