What is one of the primary functions of GREC?

The primary function of the Georgia Real Estate Commission (GREC) is to establish rules and regulations for the enforcement of real estate license laws. This responsibility is crucial because it ensures that the practice of real estate in Georgia is conducted fairly, ethically, and in accordance with the law. GREC is tasked with protecting the public interest by overseeing the licensing process for real estate professionals, setting standards of practice, and enforcing compliance with these regulations.

By establishing and enforcing these rules, GREC helps maintain the integrity of the real estate market in Georgia, ensuring that all licensed professionals adhere to a consistent standard of conduct. This function is vital to uphold consumer confidence in real estate transactions and to promote a fair and competitive marketplace.

The other options pertain to functions that GREC does not handle directly, such as collecting debt on behalf of brokers, managing property listings, or facilitating real estate transactions, which are the responsibilities of brokers and agents rather than the regulatory body itself.