Which of the following is NOT a component of Organized Real Estate?

• A. Individual licensees
• B. Local real estate boards
• C. Provincial/territorial associations
• D. Canadian Real Estate Association

Answer: (A)

Organized Real Estate is a collaborative framework built from three levels: local real estate boards, provincial/territorial associations, and the Canadian Real Estate Association (CREA). These organizations provide the services, standards, training, and advocacy that support real estate professionals across the country and govern how they operate. Individual licensees are the professionals who work within this system; they join the boards, follow the rules, and use the services offered by these organizations. Since licensees are people rather than organizational bodies, they aren’t a component of Organized Real Estate themselves. The three actual components are the local boards, the provincial/territorial associations, and CREA.