Authors Posts by Joseph Richer

Joseph Richer

9 POSTS 0 COMMENTS
Joseph Richer is registrar of the Real Estate Council of Ontario. He is in charge of the administration and enforcement of all rules that govern real estate professionals in Ontario. You can find more tips at reco.on.ca, follow on Twitter @RECOhelps or on YouTube.

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Let’s dispel the myth about registrant complaints: we assess every complaint we receive, and we provide the same investigative effort regardless of who contacts us.

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In most cases, lockbox rule violations can be chalked up to laziness, carelessness or simply bad judgment rather than any malicious intent.

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The Real Estate Council of Ontario (RECO) has a number of tools that can support you in your sometimes very difficult task of educating buyers and sellers.

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The plan is ambitious and forward-thinking. It enhances our commitment to being a progressive regulator, putting transparency and accountability at the heart of all we do.

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The industry leaders who attended didn’t always agree with RECO’s policy ideas... but the exchanges were thoughtful and respectful, and constituted a valuable learning experience for everyone involved.

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Legendary motivational speaker and sales guru Zig Ziglar might have been ahead of his time when he advised aspiring salespeople to “stop selling, start helping.”

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There is a lot of support within the real estate industry for weeding out unethical or unprofessional behaviour. Self-policing can’t replace public sector regulation, but it’s a welcome extra layer of consumer protection.

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RECO’s role is to protect consumers by enforcing the law and taking disciplinary actions as needed, but we can’t monitor every real estate trade that takes place in the province and we can’t punish bad behaviour we don’t know about.

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Vito Campanale proposed an alternate way to obtain consent from buyers and sellers, in order to release the deposit back to the buyer if conditions are not fulfilled. Here’s RECO's position on this proposal.