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Real Estate Advisory Commission

DEFINITION

Panel of ten members appointed by the real estate commissioner for the purpose of making recommending on matters relating to real estate.

EXPLANATION

The Real Estate Commissioner appoints a Real Estate Advisory Commission to provide recommendations on real estate policy, including market trends and real estate data.

This panel of ten members includes six licensed brokers to represent the licensee perspective and four non-licensed members of the public to represent the buyer/seller perspective.

The Commission typically hosts yearly meetings, but may host more depending on market conditions. The public has the ability to go to attend meetings.

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