What type of organization typically has local branches or councils and is comprised of real estate professionals?

The National Association of Realtors (NAR) is a prominent organization that fits the description provided in the question. It is a nationwide collective of real estate professionals that operates through local chapters or boards across the country. Members of NAR are dedicated to establishing and promoting ethical standards in the real estate profession, advocating for its members' interests on various levels, and providing access to valuable resources such as educational opportunities and market data.

This extensive structure allows for networking and the sharing of best practices among real estate professionals, enabling them to stay informed about industry trends and regulations. The local branches or councils provide a platform for members to collaborate and support one another in their business endeavors.

In contrast, while the other organizations mentioned may also involve real estate professionals, they do not have the same level of national recognition or the widespread local network that the National Association of Realtors possesses. Each of those options serves different purposes or focuses and may not have the same reputation or the same framework of local councils that support members effectively.