What is the primary governing body for real estate licensing in Guam?

The primary governing body for real estate licensing in Guam is the Guam Real Estate Commission. This commission is responsible for regulating the real estate industry within the territory, which includes overseeing the licensing of real estate professionals, establishing educational requirements, ensuring adherence to ethical standards, and protecting the interests of consumers in real estate transactions.

The commission plays a critical role in maintaining the integrity of the real estate market by enforcing relevant laws and regulations, making it essential for anyone involved in real estate in Guam to be familiar with its functions and requirements. This regulatory framework helps ensure that real estate practices are conducted fairly, legally, and professionally.

While other organizations like the Department of Commerce, the Real Estate Association, and the Housing Authority have roles related to commerce, industry advocacy, and housing assistance, they do not hold the authoritative power to enforce licensing and regulatory practices in real estate. Therefore, the Guam Real Estate Commission stands out as the correct answer for overseeing real estate licensing in Guam.