The Real Estate Council of Alberta Reminds Consumers that Fraud Prevention Lasts All Year
Calgary, Alberta – As this year’s Fraud Prevention Month ends, the Real Estate Council of Alberta is reminding Albertans that fraud prevention and awareness is not simply a month-long undertaking.
“We want to take this opportunity to remind Albertans that RECA and its licensed professionals are a resource for consumers all year round, not just in March’s Fraud Prevention Month,” says Krista Bolton, Chair of the Real Estate Council of Alberta.
As the licensing and regulatory body for Alberta’s 15,000 real estate, mortgage brokerage, property management, and real estate appraisal professionals, RECA is uniquely positioned to serve as an independent resource for consumers who are buying or selling property in Alberta. RECA’s mortgage fraud prevention and awareness resources ensure that consumers have the information they need all year long so they don’t become unwilling or unwitting victims.
RECA believes educated consumers are protected consumers, and encourages Albertans to visit RECA’s Mortgage Fraud Awareness and Prevention website, which includes:
- tips for avoiding mortgage fraud, translated into Punjabi and Mandarin
- mortgage fraud red flags
- mortgage fraud borrower checklists and FAQs
- examples of common mortgage fraud schemes
The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for governing real estate, mortgage broker, property management, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA’s mandate is to protect consumers and to provide services that enhance and improve the industry and the business of industry professionals.