Real Estate Council of Ontario
Encyclopedia
The Real Estate Council of Ontario (RECO) was formed in 1997 as the delegated administrative authority under Ontario's Ministry of Small Business and Consumer Services, to administer the Real Estate and Business Brokers Act
and protect the public interest.
Since 2002, Tom Wright has been president and CEO
of RECO, previously serving as Registrar. Allan Johnston is the current Registrar and also serves as District 5 Director on ARELLO's board. Johnston previously managed the Policy and Procedures Group at the Toronto Real Estate Board
.
Real Estate and Business Brokers Act
The Real Estate and Business Brokers Acts, 2002, came into force in Ontario, Canada on March 31, 2006. Sections 50 to 53, dealing with the creation of regulations, were enabled on November 7, 2005. Section 8, dealing with specialist certifications, has yet to be proclaimed...
and protect the public interest.
Since 2002, Tom Wright has been president and CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of RECO, previously serving as Registrar. Allan Johnston is the current Registrar and also serves as District 5 Director on ARELLO's board. Johnston previously managed the Policy and Procedures Group at the Toronto Real Estate Board
Toronto Real Estate Board
The Toronto Real Estate Board , founded in 1920, is the largest real estate board in Canada with over 28000 members. TREB's Multiple Listing Service is shared with boards in the surrounding area, namely the Brampton, Durham Region, Mississauga and Orangeville Real Estate Boards.The Toronto Real...
.