by Emma Caplan-Fisher | Jan 8, 2024 | Boards & Associations, News
On Tuesday, the Real Estate Council of Ontario (RECO)’s board of directors, which oversees strategy in RECO’s mandate of consumer protection, received a letter from Ontario’s minister of public and business service delivery that presented five orders about...
by Paul Baron | Dec 22, 2023 | Guest Columns
The passage of the Trust in Real Estate Services Act, 2020 (TRESA) has made Ontario a leader in North America when it comes to professional standards, consumer protection and modern tools for real estate professionals. The Toronto Regional Real Estate Board (TRREB)...
by REM Editorial Team | Mar 28, 2023 | Boards & Associations, News
The rollout of the next stage of Ontario’s Trust in Real Estate Services Act (TRESA) is facing delays. The second phase of TRESA, intended to replace the decades-old Real Estate and Business Brokers Act (REBBA), was scheduled to take effect on Apr. 1. It...
by Susan Doran | Dec 12, 2022 | News
QUICK HITS Realtors in Canada are increasingly failing to show up to scheduled house showing appointments without notice. The rise in “ghosting” has been attributed partly to the explosion of new agents with little experience or training. Realtor...
by Jordana Springgay | Dec 1, 2022 | News
QUICK HITS Ontario’s auditor general found RECO to be ineffective in regulating the province’s real estate industry and protecting consumers. The report highlights several key findings, including RECO’s failure to track complaints and follow...
