Which organization typically monitors and regulates real estate practices to ensure fairness?

The State Real Estate Commission primarily focuses on overseeing and regulating real estate practices at the state level to ensure that all transactions are conducted fairly and according to established laws. These commissions are responsible for licensing real estate professionals, enforcing compliance with state regulations, and addressing consumer complaints. Their role is vital in maintaining standards within the industry and protecting the interests of both buyers and sellers.

While other organizations, such as the Federal Trade Commission, may engage in broader consumer protection and trade regulation, and the National Association of Realtors works on advocacy and setting ethical standards for its members, they do not have the same direct regulatory authority over real estate practices that State Real Estate Commissions do. The Environmental Protection Agency, while important for environmental regulations, does not specifically regulate real estate practices. Thus, the State Real Estate Commission is the most appropriate choice for monitoring and enforcing fairness within real estate transactions.