PSI Virginia Real Estate Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

The purpose of antitrust laws in the context of real estate is to preserve free and unfettered competition within the marketplace. These laws are designed to prevent anti-competitive practices such as price-fixing, monopolistic behavior, and collusion among businesses. In the real estate sector, this means ensuring that agents and brokers can compete fairly for business without restrictions that could limit consumer choice or inflate prices.

Promoting real estate licenses, regulating property taxes, and establishing market value assessments do not fit within the scope of antitrust laws. While they each play significant roles in the real estate industry, they focus on different aspects of the market rather than maintaining competition itself. Antitrust laws specifically aim to protect the competitive nature of the market, which ultimately benefits consumers through better choices and pricing.