Tennessee Real Estate Practice Exam

Which of the following is a primary mission of the Tennessee Real Estate Commission?

1. Facilitate real estate education

2. Protect the public

3. Increase state revenue

4. Support commercial real estate

The correct answer is: Protect the public

The primary mission of the Tennessee Real Estate Commission focuses on protecting the public in real estate transactions. This is central to the Commission's role, as it aims to ensure that consumers engage in transactions that are fair, transparent, and conducted by professionals who adhere to established standards and ethical practices. By regulating real estate licenses, overseeing compliance with the law, and implementing measures to safeguard consumers' interests, the Commission works to maintain trust in the real estate market and prevent potential fraud or unethical behavior. Although facilitating real estate education is important and plays a role in enhancing industry standards, it is a means to an end—the ultimate goal remains the protection of the public. Similarly, while increasing state revenue and supporting commercial real estate might be beneficial outcomes related to a healthy real estate market, these objectives do not define the Commission's core mission. The emphasis is always placed on consumer protection as the foundational element of the Commission's responsibilities.