Thousands of Ontario Realtors Demand Ombudsman Oversight of RECO Amid iPro Realty Scandal

REALTORS® push for ombudsman to oversee Ontario real estate council

The Ontario Real Estate Association (OREA) is demanding that the provincial government implement independent oversight over the Real Estate Council of Ontario (RECO), citing urgent concerns over consumer protection and regulatory transparency

Thousands of Ontario realtors demand ombudsman oversight of RECO amid iPro Realty scandal

Thousands of realtors across the province are demanding ombudsman oversight of the Real Estate Council of Ontario (RECO), the industry’s watchdog, amid the fallout of iPro Realty Ltd.’s multi-million-dollar shortfall that froze commissions and client deposits.

Ontario’s 100,000 REALTORS® United in Call for Ombudsman Oversight

TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- “Ontario REALTORS® have been clear: protecting consumer deposits and restoring trust in our regulator must be...

Ontario's 100,000 REALTORS® United in Call for Ombudsman Oversight

TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- "Ontario REALTORS® have been clear: protecting consumer deposits and restoring trust in our regulator must be the government's top priority. Since the Government of Ontario first undertook a review of the Real Estate and Business Brokers Act (REBBA) in 2017, OREA has led the call for stronger consumer protections in real estate – including increasing accountability and transparency at the Real Estate C…

OREA’s Cathy Polan supports more oversight of RECO

Cathy Polan, president of the Ontario Real Estate Association (OREA), said the organization applauds the provincial government’s decision to review the Real Estate Council of Ontario (RECO) in the wake of the iPro Realty Ltd. scandal. In a statement provided to Real Estate Magazine, Polan said the “turmoil and lack of meaningful support” by RECO for those affected “only underscores what (Realtors) have said for years: Ontario’s real estate regul…