As Ontario’s regulator of more than 110,000 real estate agents and brokerages (often referred to as registrants), RECO administers and enforces the law that regulates trading in real estate in Ontario and enhances consumer confidence in the real estate services sector. RECO’s commitment to pursuing trust in every transaction means consumers can navigate the real estate market with confidence, knowing that the regulator is committed to fairness, transparency and reliability for all parties involved.
- We protect consumers
As Ontario’s regulator, we ensure that real estate agents and brokerages follow the law. We investigate complaints and take necessary actions to safeguard consumer interests. - We provide oversight
As an independent authority, we hold real estate agents and brokerages accountable, make unbiased decisions to protect the public, and maintain trust in the real estate services market. - We educate and support
We help consumers understand their rights and responsibilities when buying or selling real estate, enabling them to make informed and confident decisions throughout the process. - We set educational requirements
We establish educational requirements for real estate agents, including pre-registration, post-registration, broker, and continuing education programs, to provide them with the knowledge needed to remain compliant with the law and effectively serve consumers.
As an Administrative Authority (AA) under the Ministry of Public and Business Service Delivery and Procurement, RECO advances consumer protection, oversees registration of real estate agents and brokerages across Ontario, and enforces the applicable law. With the authority to investigate complaints, inspect brokerages, and enforce standards, RECO can impose fines and revoke registrations when necessary, ensuring that industry practices remain ethical and transparent. RECO also sets and maintains educational requirements for real estate agents, providing them with the necessary skills and knowledge to serve the public effectively. RECO also arranges for and administers insurance (professional liability and deposit protection).
Importantly, RECO works to empower consumers by helping them understand their rights and responsibilities in real estate transactions, enabling them to make informed decisions with confidence. A key element of this is the RECO Information Guide, designed to assist individuals in making informed decisions. Required to be shared by real estate registrants before providing services or assistance, the guide offers valuable information, advice, and guidance to help clients navigate the complexities of real estate transactions.