Which power does the NB Real Estate Association NOT possess?

The New Brunswick Real Estate Association does not have the authority to provide personal loans to its members. The primary functions of such associations typically revolve around governance, professional standards, and operational matters, rather than financial services like lending.

In contrast, the association holds significant responsibilities, such as disciplining its members for violations of conduct, establishing professional standards that guide ethical behavior in real estate practices, and managing the framework for membership, which includes the fixing and collecting of membership fees. These functions are essential for maintaining professionalism and accountability within the real estate industry but do not extend to providing financial products like personal loans.