Authors Posts by Joseph Richer

Joseph Richer

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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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As a regulator, our most important responsibility is to educate consumers. It’s a lot easier when you and the consumer are both well informed.

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Whenever I speak to real estate boards and brokers of record, I like to remind them that consumer protection is a shared responsibility between the provincial real estate regulator and the profession.

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The Real Estate Council of Ontario (RECO) is a modern regulator, and modern regulation is all about preventing problems from occurring in the first place.

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To be a modern regulator, RECO must provide timely and helpful service. Consumers and registrants who contact RECO with inquiries or to file a complaint need to know what they can expect in terms of timely service.

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Last year, following a competitive RFP process, RECO worked with consulting firm CamProf Inc. to launch a formal and rigorous review of all aspects of the Mandatory Continuing Education (MCE) program.

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RECO believes REBBA and the code have served Ontario consumers well, but the legislation could be updated to better protect consumers and maintain strong public trust in the profession.

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As the days get longer and winter (slowly) transforms into spring, there’s an excitement in the air at the Real Estate Council of Ontario (RECO), and it isn’t entirely weather-related.

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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.