Georgia Real Estate Commission

What Georgia Real Estate Commission does

The Georgia Real Estate Commission (GREC) is a state government regulatory agency established in 1926 by the Georgia General Assembly to license and regulate real estate brokers, salespersons, community association managers, and (via staff support) real estate appraisers throughout the State of Georgia. Headquartered at International Tower in Atlanta with 11-50 employees, the Commission operates under statutory authority to issue licenses, enforce license law, impose disciplinary actions (fines up to $5,000 per action), administer a consumer recovery fund providing $10,000 in protection, and approve pre-licensing and continuing education courses. The Commission's six-member governing board includes a designated consumer affairs member, and it has historically expanded its scope to administer the Time-Share Act (added 1985), the Land Sales Act (added 1990), and a restricted community association manager license (added 1996), with the latter two functions later transferred to private civil action enforcement in 1995.

The Commission's core technology stack centers on a web-based Online Services Portal at ata.grec.state.ga.us, which was migrated to a unified database in December 2019 and supports licensee self-service for renewal, applications, and license history searches. Complementary public-facing tools include a License Verification System and downloadable GREC Notes quick-reference guides. The most distinctive informational asset is the Georgia Real Estate InfoBase, a comprehensive web-based reference manual developed in partnership with Georgia State University's Department of Real Estate covering license law, brokerage practice, property law, finance, and community association management, funded through the Commission's Education, Research and Recovery Fund. Marketing and distribution channels include the official website, monthly email newsletters, Facebook, and video tutorials.

The Commission's business model is a fee-funded regulatory regime rather than a commercial revenue model: all operating costs are funded by license fees collected from Georgia real estate professionals, legally restricted (per a 1977 court decision) to use exclusively for the costs of regulating the real estate brokerage industry. The Commission serves multiple stakeholder segments including brokers (primary), salespersons (primary), appraisers (primary), community association managers, approved education schools/instructors, and the general public for license verification and complaint filing. Customer concentration is inherently low given the large and fragmented licensee population across the state.

Name

Georgia Real Estate Commission

Legal name

Georgia Real Estate Commission

Website

https://grec.state.ga.us

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

11–50 employees

Short description

The Georgia Real Estate Commission is a state government regulatory agency established in 1926 that licenses and regulates real estate brokers, salespersons, community association managers, and appraisers throughout Georgia, funded exclusively by license fees and operating via an online services portal and statutory enforcement authority.

Ownership category

akta.pro rank

Product category

Real Estate Regulatory Services

NAICS

Other Activities Related to Real Estate (531390), Other Activities Related to Real Estate (53139)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Real Estate & Construction Law (BPAHAAAE)

Keywords

• Real estate licensing
• Regulatory compliance services
• Professional licensing
• Continuing education
• Appraiser certification

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Distribution channels3 records

Marketing channels5 records

Core offering

The Georgia Real Estate Commission is a state government regulatory agency that licenses and regulates real estate brokers, salespersons, community association managers, and real estate appraisers throughout the State of Georgia. It administers the Georgia Real Estate License Law and provides associated services including license issuance and renewal, disciplinary enforcement, continuing education oversight, public license verification, and the maintenance of a comprehensive real estate reference manual (InfoBase).

Product overview

The Georgia Real Estate Commission & Appraisers Board operates as a regulatory agency providing licensing, compliance, and educational services for real estate professionals and appraisers in Georgia. The primary digital offering consists of an Online Services Portal enabling licensees to manage accounts and renew licenses, complemented by a License Verification System for public credential checks. Educational services include Commission-sponsored Continuing Education courses (both online and in-class formats). The Georgia Real Estate InfoBase serves as a comprehensive educational reference resource developed in partnership with Georgia State University, while GREC Notes provides quick-reference guides on common regulatory topics. The agency also maintains digital access to License Law and Appraisal Act resources for compliance purposes.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Services Portal Web-based self-service portal for licensed real estate brokers, salespersons, and appraisers to manage their accounts, renew licenses, search license history, and access their records.
• License Verification System

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Georgia State University - Department of Real EstatecoreStrategic or Co-development Partner · 1 January 2009Partnership to develop and maintain the Georgia Real Estate InfoBase, a comprehensive web-based manual of real estate information. The project was funded by the Education, Research and Recovery Fund of the Commission. Dr. James D. Vernor served as Project Director, and Campus Labs Inc. provided computer support for the initiative.

Scale indicators2 records

Recent moves13 records

Expansion highlights4 records

Direct peers

• California Department of Real Estate: State-level agency with comparable mandate to license and regulate real estate brokers, salespersons, and related professionals in California. Directly comparable in function, regulatory authority, and licensee-base scale.
• Georgia Real Estate Appraisers Board: Formally a separately governed body but operationally housed within GREC. Shares staff support, infrastructure, and regulatory philosophy with the Commission, making it the closest internal peer.
• New York Department of State — Division of Licensing Services: Handles real estate broker and salesperson licensing in New York. Comparable state-level regulatory authority over the real estate profession, with similar online licensing and verification services.
• Virginia Department of Professional and Occupational Regulation — Real Estate Board: State board licensing real estate brokers and salespersons in Virginia, with analogous continuing education, disciplinary, and trust account oversight functions.
• Texas Real Estate Commission (TREC): Texas state agency responsible for licensing real estate brokers, salespersons, and education providers. Closely comparable mandate, fee-funded model, and digital service infrastructure to GREC.
• Florida Real Estate Commission (DBPR): Florida's Division of Real Estate within DBPR licenses brokers, sales associates, and schools. Highly comparable state regulatory structure, online services portal, and education approval function.
• North Carolina Real Estate Commission: Independent North Carolina state commission licensing brokers and salespersons with comparable disciplinary authority, education oversight, and fee-based self-funding structure.

Others

• The Appraisal Foundation: Federally authorized source of appraisal standards and qualifications. Highly relevant to the appraiser side of GREC's regulatory mandate, since state appraiser boards implement TAF-promulgated USPAP standards.

Broad incumbents

• Association of Real Estate License Law Officials (ARELLO): International association of real estate licensing and regulatory agencies. Not a regulator itself, but the convening body for state commissions like GREC and a comparable reference point for regulatory standards.
• National Association of REALTORS (NAR): Largest U.S. real estate trade association. Not a regulator, but operates adjacent to GREC's licensee population through membership, education, and code-of-ethics functions that intersect with state licensing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/GeorgiaRealEstateCommission
• LinkedInlinkedin.com/company/georgia-department-of-labor

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Georgia Real Estate Commission