Public Comments for Events Organized by the FTC's Economic Liberty Task Force #00017

Submission Number:
00017
Commenter:
Miriam Baer
Organization:
Association of Real Estate License Law Officials (ARELLO)
State:
Illinois
Initiative Name:
Public Comments for Events Organized by the FTC's Economic Liberty Task Force
The Association of Real Estate License Law Officials (ARELLO) is an association of real estate regulatory bodies from around the world, primarily in the United States and Canada. ARELLO facilitates the exchange of information and cooperation among regulators and policy makers in the area of real property and real estate brokerage. ARELLO believes that the regulation of real estate licensees properly exists at the State level. ARELLO encourages cooperation and license recognition in licensing between jurisdictions when it is mutually advantageous. Most of ARELLO's U.S. member jurisdictions recognize the education and the national examinations approved in other states, requiring that applicants licensed in another jurisdiction only pass the State portion of the examination (covering real estate laws, rules, and standards of practice specific to that State). Some of these same jurisdictions, as well as other jurisdictions, have reciprocal licensing compacts with other States. In addition, many States have recently enacted laws or rules to expedite real estate licensing for members of the military and their spouses. At this time, ARELLO is actively working to find more ways to help its members streamline the licensing process and to enhance the portability of real estate licenses.