What is the primary function of the Real Estate Commission?

The primary function of the Real Estate Commission is to enforce real estate laws and regulations. This regulatory body is established to protect the interests of the public in real estate transactions by ensuring that real estate licensees comply with state laws and ethical standards. The Commission oversees licensing and can take disciplinary action against individuals or entities that violate these laws, which helps maintain a standard of professionalism and accountability within the industry.

The other options do not accurately reflect the role of the Real Estate Commission. Setting market prices for properties is influenced primarily by market conditions and negotiations between buyers and sellers, rather than by any regulatory body. While promoting real estate sales can be a facet of a real estate agent's work, it is not a function of the Commission itself. Additionally, providing financing options for buyers falls under the purview of lenders and financial institutions, not the regulatory oversight of the Real Estate Commission.