Final answer:
No, the Georgia Real Estate Commission is not authorized to set real estate commission rates. Commission rates are determined through negotiation between real estate agents and clients. The Commission regulates and licenses real estate agents and brokers.
Step-by-step explanation:
No, the Georgia Real Estate Commission is not authorized to set real estate commission rates. Commission rates are typically determined through negotiation between the real estate agent and the client. The commission rates can vary depending on factors such as the type of property, location, and market conditions.
The Georgia Real Estate Commission is responsible for regulating and licensing real estate agents and brokers, ensuring that they adhere to ethical and professional standards in their practice. They do not have the authority to dictate specific commission rates.