The Real Estate Commission does NOT have the power to:

ThePennsylvania Real Estate Commission (PREC)has the authority toregulate real estate licenses but does not certify real estate appraisers.

Real estate appraisers in Pennsylvania are regulated by the State Board of Certified Real Estate Appraisers, not the Real Estate Commission.

The Commission’s powers include:

Suspending or revoking licensesfor violations.

Imposing finesfor disciplinary actions.

Auditing escrow accountsto ensure compliance with regulations.

Why the other answers are incorrect:

Option A (Suspend or Revoke Licenses):TheCommission has the authority to discipline licensees.

Option B (Impose Fines):TheCommission can fine violators for misconduct.

Option C (Review Escrow Accounts):TheCommission can audit escrow accounts to protect client funds.