Who has the authority to suspend or revoke a sales agent's license?

The authority to suspend or revoke a sales agent's license typically rests with a regulatory body or administrator responsible for overseeing real estate practices within the jurisdiction. This ensures that standards are maintained and that sales agents operate in compliance with relevant laws and ethical guidelines.

The administrator functions as a key oversight authority, often part of a state or provincial real estate commission or similar body, which has the responsibility to ensure that all licensed professionals adhere to legal and ethical standards. This authority allows the administrator to take action against individuals who may engage in fraudulent or unethical practices, thereby protecting consumers and upholding the integrity of the real estate profession.

In contrast, other roles, such as a project broker, while they may manage or oversee sales agents within a particular project or organization, do not possess the regulatory authority to suspend or revoke licenses. Similarly, a sales agent, being a professional who holds a license rather than a regulatory authority, cannot take action against another agent's license. The term 'Division' may refer to the organizational structure within a larger regulatory body, but it is typically the administrator or designated officers within that division who have the authority to make licensing decisions.