Real Estate Council of Ontario (RECO) says real estate agents involved in the collapse of iPro Realty Ltd. Will receive 100 percent of their eligible unpaid commissions. The regulator announced the news on Wednesday after the first 50 percent prorated payments began flowing to claimants last month. Funds from RECO’s insurance program stability fund are […]
Brenda Buchahan will step down as CEO of the Real Estate Council of Ontario (RECO) at the end of this year. RECO released a statement on Thursday afternoon from Jean Lépine, the administrator appointed for three weeks ago to take control of the regulator on behalf of the provincial government, confirming that Buchanan “has made […]
New revelations have come to light that fill in the gaps in what could be the biggest Canadian real estate story of 2025: the $10 million iPro Realty Ltd. trust account scandal. The trust fund fraud’s approach to it has been as studied and investigated as the trust fund fraud itself Real Estate Council of […]