Which entity primarily regulates real estate brokers and salespersons?

The regulation of real estate brokers and salespersons is primarily the responsibility of the real estate commission. These commissions are typically established by state law and function under the authority of state governments. Their primary role is to oversee the licensing of real estate professionals, ensuring that they meet specific qualifications and adhere to ethical standards set forth in state statutes.

This oversight includes investigating complaints, enforcing laws governing real estate transactions, and providing guidance on legal compliance within the real estate industry. By maintaining a regulatory framework, these commissions help promote professionalism and protect the interests of consumers in real estate dealings.

The other entities listed do not have the primary responsibility for regulating real estate professionals. The Federal Trade Commission focuses on consumer protection and competition issues, local governments deal with zoning and land use rather than licensing, and the National Association of Realtors is a trade association that provides resources and advocacy for its members but does not have regulatory authority over real estate practices.