The Regulator newsletter is a quarterly publication for licensees, industry associations, the Government of Alberta, and all other interested stakeholders.
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Industry professionals must obey all of their client’s lawful instructions. This aligns with an industry professional’s fiduciary responsibility to their clients. Obedience to your client is so important that clients…
Measured Responses is a new feature in the Regulator where we publish frequently asked questions about the Residential Measurement Standard (RMS). In this edition, we focus on documentation for the…
Thank you Kirk! It’s with bittersweet feelings that RECA announces the upcoming retirement of Kirk Bacon, who through his 13 years at RECA, has held the positions of Deputy Executive…
The real estate industry in Alberta has had the privilege of self-regulation for more than 20 years. With the recent scrutiny of real estate self-regulation in British Columbia and Ontario—and…
Council received a report on the RECA Communications Audit Downey, Norris & Associates presented the results of RECA’s Communications Audit. The objectives of the audit were to: evaluate and assess…
The Real Estate Council of Alberta (RECA) is reviewing mortgage brokerage standards and Rules to enhance consumer protection, ensure our standards of practice are strong, and to document current practices…
RECA launched the first commercial and property management specific re-licensing course Real Estate Update 2018 (Commercial/ Property Management) on February 6. Real estate professionals who want to retain their authorization…
If there’s a group of people who understand how much paper is involved in securing financing, it’s mortgage brokers. Applications, supporting documents, disclosures, service agreements, bank documents, oh my! Every…
