AR Real Estate Practice Questions - Arkansas Real Estate Salesperson Exam

Which of the following best describes AREC's primary purpose?

To promote real estate sales and increase home ownership in Arkansas To license, regulate, and discipline real estate professionals to protect the public To establish commission rates for real estate transactions statewide To manage the Multiple Listing Service (MLS) for Arkansas brokers

Correct Answer:

To license, regulate, and discipline real estate professionals to protect the public

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