How many members are on the Real Estate Commission and what is their term length?

The Real Estate Commission typically consists of 7 members, which is a standard structure aimed at ensuring a diverse representation of interests within the real estate industry. Each member serves a term length of 4 years, which balances stability in membership with the opportunity for fresh perspectives. This structure allows the commission to effectively oversee the regulation of real estate practices while providing continuity in its operations. The 4-year term aligns with common practices in regulatory bodies, ensuring that members can contribute their expertise for a substantial period while still allowing for new appointments to keep the commission dynamic and responsive to changes in the industry.