What is the main role of the OACIQ?

The primary role of the Organisme d'Autoréglementation du Courtage Immobilier du Québec (OACIQ) is to regulate and oversee the real estate brokerage industry in Quebec. This regulatory body ensures that all real estate professionals operate within the guidelines set by laws and regulations, maintaining high standards of integrity and professionalism in the industry.

The OACIQ is responsible for licensing, monitoring, and enforcing compliance among real estate brokers and agencies. This includes establishing rules for professional conduct, providing training and resources for brokers, and ensuring consumer protection through regulation. By focusing on oversight and regulation, the OACIQ plays a crucial role in maintaining trust and transparency in real estate transactions in Quebec.

The other options present functions that are not aligned with the main responsibilities of the OACIQ, such as promoting real estate sales or managing transactions directly. The organization does not provide legal representation for brokers, as that falls under the purview of individual legal counsel. The emphasis is on regulatory oversight, making option B the most accurate reflection of the OACIQ’s foundational purpose.