Which entity oversees real estate transactions in South Carolina?

The South Carolina Real Estate Commission oversees real estate transactions in the state. This commission is responsible for regulating real estate professionals, ensuring that they adhere to state laws and ethical standards. It plays a crucial role in licensing real estate agents and brokers, enforcing real estate regulations, and protecting consumer interests by addressing complaints and enforcing compliance among licensed professionals.

As the governing body specifically tasked with overseeing the real estate market in South Carolina, the commission ensures that transactions are conducted fairly and legally. It also provides resources, continuing education, and information relevant to the real estate industry, which helps maintain the integrity of the market.

Other entities mentioned, like the Department of Commerce, usually deal with broader economic issues, while the Federal Housing Administration focuses primarily on federal housing programs rather than regulating real estate practices at the state level. Meanwhile, local city councils handle municipal affairs, which do not encompass the regulation of real estate transactions in a comprehensive manner.