Question

The Real Estate Commission shall not;

a. Make rules for the licensing of principal brokers
b. Make rules for continuing education requirements for licensees
c. Make rules concerning multiple listing service fees
d. Make rules setting standards of practice for real estate licensees

Answer 1

The Real Estate Commission does not have the authority to make rules concerning multiple listing service fees.

Step-by-step explanation:

The Real Estate Commission shall not make rules concerning multiple listing service fees. The role of the Real Estate Commission is to regulate and supervise the sale of securities and the brokers, dealers, and bankers who sell them. This commission does not have the authority to set rules regarding multiple listing service fees, which are fees charged by real estate agents for including a property in a database accessible to other agents.