Canadian Real Estate Association Explained

The Canadian Real Estate Association
Abbreviation:CREA
Formation:1943[1]
Headquarters:Ottawa, Ontario, Canada
Region:Canada
Membership:130,000[2]
Owners:-->
Key People:Jason Stephen (President)[3]
Michael Bourque (CEO)[4]

The Canadian Real Estate Association (CREA;, ACI) is a trade association that represents real estate brokers, agents, and salespeople in Canada.[2]

CREA's membership includes over 130,000 individuals, working through 90 real estate boards and associations across Canada. CREA is governed by an elected board of directors,[5] which has representation from each region of Canada and features director-at-large positions. Currently, there are 16 seats on the board.

History

The CREA was formed in April 1943.[6] In 2024, the Canadian Competition Bureau launched an investigation into the CREA over the association's buyer's commission policies.[7]

See also

Notes and References

  1. Web site: Canadian Real Estate Association . Bloomberg L.P. . 2019-05-19.
  2. Web site: About . CREA . 2019-05-19.
  3. Web site: Board of Directors . CREA . 2019-05-19.
  4. Web site: Operational Management Team . CREA . 2019-05-19.
  5. Web site: Board of Directors – CREA. en-CA. 2019-07-23.
  6. Web site: 2018-04-06 . THE CANADIAN REAL ESTATE ASSOCIATION: CREA turns 75: A trip down memory lane . 2024-10-03 . Toronto Business Daily . en.
  7. Web site: Previl . Sean . 2024-08-03 . How CREA handles buyers’ commissions is facing a competition probe - National Globalnews.ca . 2024-10-03 . Global News . en-US.

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