Ottawa Real Estate Board

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The Ottawa Real Estate Board (OREB) is a non-profit professional association of registered real estate brokers and salespeople in the Ottawa, Canada area. [1] OREB was formed in 1919 and incorporated in 1921. [1] In 1982, the name was changed to 'Real Estate Board of Ottawa-Carleton', and was changed back to the 'Ottawa Real Estate Board' in 2000. [2]

Contents

OREB has been maintaining statistics of Ottawa house prices since 1956. The average home price in Ottawa in 2008 was $289,766, a 6.35% increase over 2007. [3]

History

Ottawa’s Co-operative Listing service was created in 1949 and the name changed to Multiple Listing Service in 1963. [4]

Members

Members of OREB are registered by the Real Estate Council of Ontario (RECO) to trade in real estate in Ontario. [5]

Members and member offices can be found by using the search function on the home page of its website. All members of the Board are also members of the Ontario Real Estate Association and Canadian Real Estate Association,[ citation needed ] and as such, are permitted to use the term REALTOR. The REALTOR and MLS trademarks are owned by the Canadian Real Estate Association (CREA). [6]

Mandate and board services

OREB's mission statement is "to foster a professional environment to enable the members to carry out their practice of real estate". [7]

OREB administers Ottawa’s Multiple Listing Service system, which uses the Matrix™ software to allow members to enter and manage their listings. [8]

OREB maintains an up-to-date list of Open Houses for the public. [9]

See also

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References

  1. 1 2 "Archived copy". Archived from the original on 2009-08-20. Retrieved 2009-07-24.{{cite web}}: CS1 maint: archived copy as title (link)
  2. letters patent held on file at OREB offices; OREB by-law
  3. "Your Open House Invitation for the Next 2 Weeks". The Ottawa Real Estate Board. Archived from the original on 3 June 2013. Retrieved 18 February 2014.
  4. minutes of Directors’ meeting of June 16, 1949, held on file at OREB offices; also article in the Ottawa Citizen, June 14, 1963
  5. "Home". reco.on.ca.
  6. "CREA". www.crea.ca. Archived from the original on February 28, 2009.
  7. "Strategic Plan" (PDF). OREB. Archived from the original (PDF) on 28 January 2016. Retrieved 14 May 2015.
  8. "Organized Real Estate in Canada" (PDF). CREA. Retrieved 14 May 2015.
  9. "Archived copy". Archived from the original on 2010-02-09. Retrieved 2010-01-17.{{cite web}}: CS1 maint: archived copy as title (link)