Real Estate and Agent Representation in Ontario has changed as of Dec 1, 2023 with the introduction of the Trust in Real Estate Services Act Phase 2 changes, and here is what you need to know!
The Real Estate Council of Ontario (RECO) – our provincial regulatory body – has released a new mandatory Consumer Information Guide that must be provided to all clients, prior to entering into a representation agreement with a Realtor®. You can download and review it here! It is very helpful information for everyone to know and understand, and the best part – it is written in plain, easy to understand language!
After December 1, 2023, all Ontario Realtors are required to provide this booklet to their clients prior to representing them and signing any Agreements.
If you have any questions, please feel free to call and speak to one of our Realtor® Stewart Team members at 705-246-3975 or email firstname.lastname@example.org.