The Coronado Real Estate Association was formed in 2009, the result of the merger between the original Coronado Association of Realtors (CAOR) and the San Diego Association of Realtors (SDAR). As a result of the merger, CREA was born as a non profit association. Each year CREA holds a number of public events benefiting local charities. CREA oversees 40 broker pitch sessions each year. The Association also acts as the voice of the real estate industry on Coronado, and as stated in its mission statement, “promotes positive relationships between property owners and local real estate professionals”.