What is the primary function of the Ontario Real Estate Association (OREA)?

The Ontario Real Estate Association (OREA) primarily functions to represent and advocate for real estate professionals. This includes providing support and resources to its members, which encompass real estate agents and brokers across Ontario. OREA engages in advocacy efforts to influence policy and regulations that affect the real estate industry. Additionally, it offers training, education, and tools to help professionals in their practice, ensuring that they can better serve their clients and uphold high standards within the industry.

While other options may refer to important aspects within the real estate sphere, they do not encapsulate OREA's core mission. For example, the association does not set property values, as this is typically the responsibility of real estate appraisers or market analysis rather than a professional organization. Similarly, while it plays a role in supporting transactions, it does not directly oversee them; that function is typically reserved for licensed real estate agents or governing bodies at various levels. Lastly, managing property taxes falls under the jurisdiction of municipal or provincial authorities, not OREA's mandate. Thus, option B accurately reflects OREA's primary role in the real estate landscape.