What is the role of the Kentucky Real Estate Commission?

The Kentucky Real Estate Commission plays a critical role in regulating the real estate industry within the state. Its primary responsibility is to ensure that real estate practices are conducted fairly, ethically, and in accordance with the law. This regulation aims to protect the public by overseeing the real estate transactions and ensuring that all licensed real estate agents adhere to established laws and regulations.

By enforcing standards, the Commission helps maintain the integrity of the real estate market and instills confidence among consumers as they engage in buying, selling, or leasing property. Ensuring public protection includes handling complaints, conducting investigations, and taking disciplinary action against those who violate real estate laws.

While overseeing ethical standards and developing training programs are important facets of real estate, they are part of the broader regulatory function that the Commission serves. Evaluating property market values is generally not the role of the Commission. It focuses more on the practices of agents and brokers rather than appraisal functions.