In Alaska, what is the primary purpose of the Alaska Real Estate Commission?

Explanation

• Correct: To protect the public by regulating the real estate industry.

  • The Alaska Real Estate Commission's primary purpose, as outlined in the Alaska Real Estate Exam Preparation Guide, is to safeguard the public interest through the regulation of real estate activities.

• Incorrect: To promote real estate sales and development.

  • While real estate sales and development are part of the industry, the Commission's role is regulatory, not promotional.

• Incorrect: To provide education and training to real estate licensees.

  • While the Commission may be involved in setting educational standards, its primary function is regulation, not direct provision of education and training.

• Incorrect: To mediate disputes between buyers and sellers.

  • The Commission's role is regulatory oversight, not direct mediation of disputes between parties in real estate transactions.