RECO to introduce new financial reporting rules in wake of brokerage collapse
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Article Excerpt
Ontario real estate brokerages will face new disclosure requirements in wake of iPro Realty’s collapse
SHANE DINGMAN
REAL ESTATE REPORTER
PUBLISHED 2 HOURS AGO
UPDATED 30 MINUTES AGO
Open this photo in gallery:
A sold sign is shown in front of west-end Toronto homes.
GRAEME ROY/THE CANADIAN PRESS
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The Real Estate Council of Ontario will this fall require brokerages across the province to make annual financial disclosures aimed at identifying potential mismanagement.
The move is the first of the long-awaited reforms promised by the industry regulator following t…
Read full article at The Globe and Mail ↗
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