We are very proud of the strong leadership at TRREB and all the Ontario Real Estate Boards in the actions they are taking over the recent RECO and Ipro Realty situation to safeguard consumers, REALTORS® and our industry. Read their statement below sent out yesterday to their membership:
Today, Ontario’s nine largest REALTOR® associations, representing more than 95,000 of the nearly 100,000 REALTORS® across the province, sent a joint letter to the Minister of Public and Business Service Delivery and Procurement, the Honourable Stephen Crawford, in support of his government’s firm stance on the Real Estate Council of Ontario’s (RECO) operations and handling of the iPro Realty matter.
Read a copy of our joint letter here
In our letter, we urged the government to make RECO subject to independent oversight by the Ontario Ombudsman, noting that the iPro case is part of a troubling pattern which has highlighted the need for enhanced transparency and accountability at Ontario’s real estate regulator to improve public confidence and ensure professional integrity. We also endorsed the Minister’s commitment to intervene directly should RECO fail to fulfill its core mandate and expressed our willingness to work with the government on further reforms to strengthen accountability, transparency, and consumer protection in Ontario’s real estate market.
As Ontario’s largest REALTOR® associations, we are committed to protecting the public’s confidence in real estate and promoting the highest professional standards in North America.
To learn more, visit TRREB
