by Courtney Zwicker | Nov 14, 2025 | Boards & Associations, News
The Ontario government is preparing to “assume control” of the Real Estate Council of Ontario (RECO) after reviewing a scathing report into the industry watchdog’s handling of the iPro Realty Ltd. fraud scandal. On Thursday, Public and Business Service Delivery and...
by Courtney Zwicker | Aug 26, 2025 | Advice for Agents, Legal Issues, News
As pressure from the public and real estate community mounts on Real Estate Council of Ontario (RECO) to take action in the iPro Realty. Ltd. fiasco, the industry watchdog has frozen the defunct brokerage’s account and undertaken an independent audit. RECO’s board...
by MarkWeisleder | Feb 6, 2017 | Advice for Agents, Featured, Legal Issues
We have already witnessed the federal government targeting the real estate industry when it comes to money laundering and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) compliance. Large fines have been levied against brokerage firms that have...
