Established in 1997, the Real Estate Council of Ontario is a not-for-profit corporation that regulates the trade of real estate in

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...

in the public interest. On behalf of the

Government of Ontario The government of Ontario (french: Gouvernement de l'Ontario) is the body responsible for the administration of the Canadian province of Ontario. A constitutional monarchy, the Crown—represented in the province by the lieutenant governor� ...

, it administers and enforces the Real Estate and Business Brokers Act, 2002 and its regulations. In Ontario, any individual or business trading in real estate must be registered with the council. As of July 31, 2017, there were more than 80,000 real estate registrants (salespersons, brokers and brokerages) in the province.

Governance

It is governed by a 12-member Board of Directors composed of nine registered real estate professionals elected by their peers and three non-registrants appointed by the Ministry of Government and Consumer Services (Ontario) to represent consumers, business and government. Board members serve a three-year term. The Chair is Glenda Brindle. The Vice-Chair is Rebecca Ryder. The duties of enforcing the Act are the responsibility of the Registrar, Joseph Richer.

Complaints

Anyone with concerns about the service provided by a real estate professional can submit a complaint on complaint forms which are available on the council's website. Once a complaint is received an investigation may be made. The Registrar will determine an appropriate response. It does not have authority to resolve financial or contractual disputes or provide any form of compensation to a complainant. The “Registrant Search” feature on RECO’s website allows consumers to confirm whether they are dealing with someone who is legally registered to trade in real estate in Ontario and whether that person has been the subject of any discipline activity.

Resource

Registrar Joseph Richer answers common questions from home buyers and sellers in a weekly “Ask Joe” column appearing in the Saturday edition of the

Toronto Star The ''Toronto Star'' is a Canadian English-language broadsheet daily newspaper. The newspaper is the country's largest daily newspaper by circulation. It is owned by Toronto Star Newspapers Limited, a subsidiary of Torstar Corporation and pa ...

References

External links

RECO web site
{{ONGovDept Ontario government departments and agencies Real estate industry trade groups Real estate in Canada 1997 establishments in Ontario