What is the primary purpose of the Arkansas Real Estate Commission (AREC)?

The primary purpose of the Arkansas Real Estate Commission (AREC) is to protect the public interest in real estate transactions. This focus on public protection is crucial because it ensures that consumers are engaging in real estate activities within a framework of fairness, transparency, and professionalism. AREC regulates the real estate industry by overseeing licensees, enforcing compliance with relevant laws and regulations, and addressing complaints to safeguard consumers from fraud or unethical practices.

This commitment to protecting the public also involves setting standards for education and professional conduct among real estate professionals. By prioritizing the interests of the public, the commission fosters a trusted environment in which individuals can buy, sell, or lease property with confidence.

Other aspects, such as establishing real estate laws, promoting sales, or conducting training programs, are important activities within the broader scope of the commission's functions, but they ultimately support the overarching goal of public protection in real estate transactions.