Prepare for the Iowa Real Estate Exam. Use our comprehensive quiz with flashcards and multiple choice questions, each featuring hints and explanations. Boost your readiness for the test!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.


Which responsibility does the Iowa Real Estate Commission NOT have?

  1. Setting standards for education programs

  2. Enforcing real estate license law

  3. Conducting real estate appraisals

  4. Handling complaints against licensees

The correct answer is: Conducting real estate appraisals

The Iowa Real Estate Commission is primarily responsible for regulating the real estate industry in the state, which includes setting standards for education programs, enforcing real estate license law, and handling complaints about licensees. Conducting real estate appraisals, however, is not within the commission's responsibilities. Appraisals are typically carried out by licensed appraisers who operate independently of the commission's functions. The commission focuses on oversight, compliance, and education rather than the actual practice of appraising real estate properties. This distinction clarifies that option C is not a duty of the Iowa Real Estate Commission.