Page 20 - Letter to NAR LT

Opposing SB 2624
The Mississippi Real Estate Commission was established on May 6, 1954 with the specific mission to
Protect the Public
and regulates the current licensees:
13,007 Total licensees
(of which 6,591 are Realtors)
FACTS according to MREC Website
* 23% of all formal complaints are dismissed and no action taken.
* 60% of anonymous complaints re: signs, online advertising, etc. are dismissed, only 28% of the remainder result in any action
* 107 Agreed Orders signed in 2020. Agreed Orders are negotiated with Respondent, MREC attorneys and administrator, after review of the investigative file and with written and oral opportunity to go to a hearing. Commissioners, appointed by the Governor and confirmed by the Senate are not involved in this process in the event respondent chooses to go to hearing in order to protect due process.
No appeals or complaints from licensees based on denial of due process
* 1 hearing in past 2 1⁄2 years
* 0 hearings 2020 resulting from Covid protocols
* 31 hearings are currently pending. (2020 Covid carryover)
2020 MREC Disciplinarian Record
(Source: MREC website http://mrec.ms.gov ) *53 letters of reprimand
*33 license suspensions held in abeyance with required additional continuing education
*21 full license suspensions for a period of days ranging from 30 to 90 days with required additional continuing education
* 0 licenses were revoked
Vote NO to SB 2624 to
Protect your constituents!
Why protect
Licensees who violate License Law?