What powers does the Oklahoma Real Estate Commission hold?

The Oklahoma Real Estate Commission possesses the authority to impose administrative penalties on licensees. This power is essential for maintaining standards of conduct and professionalism within the real estate industry. By having the ability to enforce such penalties, the Commission ensures that all licensed real estate professionals adhere to the laws and ethical guidelines governing their practices. This regulatory oversight helps protect the interests of consumers and maintains the integrity of the real estate market in Oklahoma.

The other options involve functions outside the scope of the Commission's responsibilities. Enforcing county regulations, setting property taxes, and regulating home inspections are typically managed by other governmental bodies or agencies. The focus of the Commission is primarily on the licensing and conduct of real estate professionals rather than overseeing broader regulatory or tax policies.