How many licensees and lay members compose the Florida Real Estate Commission (FREC)?

The Florida Real Estate Commission (FREC) is comprised of a specific composition of members, reflecting a balance between licensed real estate professionals and public representatives. The correct answer indicates that FREC includes 5 licensees and 2 lay members.

This structure is designed to ensure that the perspectives of both industry professionals and the general public are represented in the regulation of the real estate market in Florida. The 5 licensed members must hold active real estate licenses and have been in practice for at least five years, bringing experience and industry knowledge to the commission. On the other hand, the 2 lay members must not hold any real estate licenses and cannot have been real estate professionals within the last five years, ensuring that they represent the interests of the general public without a conflict of interest.

This balanced composition is crucial for effective governance and oversight of the real estate profession in Florida, helping to foster fair practices while maintaining professionalism in the industry.