by Mario Toneguzzi | Sep 16, 2019 | Featured, News
The future of the Real Estate Council of Alberta, the province’s regulatory body for the industry, is under review as the government considers a scathing independent report on the organization’s governance and activities. Earlier this year, prompted by complaints from...
by Tony Palermo | Aug 6, 2019 | Featured, News
The Real Estate Council of Alberta (RECA) has suspended the real estate license of Paul Seib for refusing to co-operate with one of its investigations. The regulator had previously suspended the license of his brokerage, Dione Irwin Real Estate, operating as Royal...
by REM Editorial Team | Feb 6, 2019 | News
The Real Estate Council of Alberta (RECA) says incidents of fraud or misleading behaviour around seller financing are on the rise in Alberta. Seller financing, also sometimes known as a vendor take-back mortgage, is a type of mortgage in which the seller lends funds...
by REM Editorial Team | Nov 8, 2017 | News
The Real Estate Council of Alberta (RECA) has named Brian Klingspon as chair of council and Bonny Clarke as chair-elect. Klingspon has been a member of council since November 2013 and serves as an appointee of the Alberta Real Estate Association (AREA) from the...
by REM Editorial Team | May 17, 2017 | News
The Real Estate Council of Alberta (RECA) Hearing Panel recently suspended the real estate licence of Edmonton sales rep Terry William Paranych. The licence was suspended for three months. Paranych was also ordered to pay fines and costs totaling $96,000 and ordered...
