Tag Archives: a career in real estate

What is “organized real estate” and why you would consider becoming a voluntary member

In a previous post I discussed “The acronyms” of “organized real estate“. The purpose of that post was twofold:

1. to explain what is meant by the phrase “organized real estate”; and

2. to emphasize that one can be licensed as either a “sales person” or “broker” under the Ontario Real Estate and Business Brokers Act” (“REBBA”) and NOT be a member of “organized real estate”.

Who you are (a licensed broker under “REBBA”) is different from the organizations to which you may belong (“CREA”, “OREA”, “TREB”, etc.). As you consider how to best build your real estate career, you will certainly consider which of the many associations of “organized real estate” to which you wish to belong.
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The acronyms of organized real estate: National, Provincial and Local – CREA,OREA,TREB

Before you begin your real estate education and building your real estate career, it’s important you understand the terminology of the real estate industry.

The process of earning your Ontario real estate license

RECOReal Estate Council of Ontario – The organization that administers REBBA (The Real Estate and Business Brokers Act). You get your license from RECO.

You have your Ontario real estate license, what then?

Once you have your license, you will likely join trade associations which are called “organized real estate”.

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