What is the role of the Maryland Real Estate Commission?

The Maryland Real Estate Commission plays a crucial role in overseeing the real estate industry within the state. Its primary responsibility is to regulate the industry and ensure that real estate practices align with the laws and ethical standards established in Maryland. By enforcing these laws, the Commission safeguards the interests of the public, ensuring that real estate transactions are conducted fairly and transparently. This oversight helps maintain public trust in real estate professionals and reduces the likelihood of fraud or misconduct.

The other options do not accurately reflect the Commission's functions. For example, assisting with property appraisals, evaluating market trends, and approving loan applications are tasks typically handled by appraisers, economists, or financial institutions, rather than the regulatory body itself. This distinct focus on regulation and enforcement is what sets the Maryland Real Estate Commission apart from other entities involved in the real estate process.