The Real Estate Council of Alberta (RECA) is the independent governing authority that sets, regulates, and enforces standards for real estate brokerage, mortgage brokerage, property management, and condominium management licensees in Alberta.
RECA’s work takes planning, and is guided by a multi-year strategic plan and a shorter-term business plan.
RECA’s mandate is to protect consumers and to provide services that enhance and improve the real estate industry and the business of industry professionals.
RECA creates consumer trust and confidence in the real estate industry by:
RECA’s Business Plan is the blueprint for RECA to achieve its vision. It provides the strategies RECA will follow to achieve each objective and the actions RECA will take under each strategy. It also establishes the order of priorities and the schedule to complete each action item.
The Business Plan also focuses the Board of Directors, Industry Councils, and Administration on the big picture and recognizes governance practices, time, and resources must align with the strategies and actions. A financial plan supports the Business Plan through an annual budget process.
RECA’s Board of Directors is currently collecting and reviewing feedback for a new multi-year Strategic Plan.