What is the Real Estate Council of Ontario (RECO)?
RECO was formed in 1997 to administer the Real Estate and Business Brokers Act on behalf of the Ontario government. All registered real estate brokers and salespersons are governed by this Act. RECOs mandate is to protect consumers through a fair, safe and informed marketplace. In addition to administering the Act, RECO has its own Bylaws, which allow it to provide more effective governance of the real estate profession. Back to top Make sure your Broker/Salesperson is registered Perhaps one of the most important things to remember is that RECOs consumer protection safeguards apply only when dealing with a registered broker or salesperson. Therefore, the first thing you may wish to do when buying or selling a home is to ensure that the individual working with you is registered. You can do this through an online database on RECOs web site: www.reco.on.ca In order to trade in real estate in the province of Ontario the individual must be registered under the Act (unless the Act specifical
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- What is the Real Estate Council of Ontario (RECO)?
