About CREA and OREA

Both CREA (The Canadian Real Estate Association) and OREA (The Ontario Real Estate Association) are in place to ensure REALTORS® are educated to deliver the highest levels of service to all parties involved in any real estate transaction. REALTORS® must abide by at strict Code of Ethics. Both of these associations monitor and enforce real estate standards that all licensed REALTORS® must obey by at all times. Any REALTOR® found in breach of these standards can be face with many repercussions; anything from receiving a fine to losing their licence and right to practice real estate.

Below I have included information about each specific real estate associations I felt you might like to know . . .

About CREA (The Canadian Real Estate Association)

The Canadian Real Estate Association (CREA) is one of Canada's largest single-industry trade associations, representing more than 97,000 real estate Brokers/agents and salespeople working through 100 real estate Boards and Associations.

CREA's primary mission is to represent its members at the federal level of government and to act as a watchdog on national legislation that pertains to the real estate industry. CREA has frequently taken strong stands to defend the public's right to own and enjoy property.

CREA owns the MLS® trademark and has a proprietary interest in the REALTOR® trademark. The REALTOR® trademark is an assurance of integrity. It can only be used in Canada by members of The Canadian Real Estate Association who accept and respect a strict Code of Ethics. The real estate database systems operated by our member Boards and Associations under the MLS® trademark provide an ongoing inventory of available properties and ensure maximum exposure of properties listed for sale.

The Association also operates the realtor.ca and ICX.CA web sites and the REALTOR Link® Intranet site for members across Canada.

About OREA (The Ontario Real Estate Association)

The Ontario Real Estate Association represents 45,000 brokers and salespeople who are members of the provinces 42 real estate boards. OREA serves its members through a wide variety of publications, educational programs and special services. The association provides all real estate licensing courses in Ontario.

OREA was founded in 1922 to organize real estate activities and develop common goals across the province. These goals included promoting higher industry standards, protecting the general public from unscrupulous brokers and salespeople, and preserving private property rights.

OREA continually strives to improve the image of REALTORS^® by enhancing educational and professional standards. OREA develops and publishes standard forms, and supports educational and charitable causes through the REALTORS Care Foundation.