Frequent Questions
Q: How do I find out about starting a career in real estate?A: For information on becoming a REALTOR, you can visit www.orea.com the website of the Ontario Real Estate Association.
What should I do if I have a complaint about my REALTOR?
A: It is important to begin by discussing your concerns with your salesperson or their broker of record. If unable to resolve your concerns and depending on the nature, the following options are available:
The Real Estate Council of Ontario regulates real estate salespeople and brokers . As the regulatory body, RECO receives and responds to written complaints surrounding the ethical behaviour of a registered salesperson and broker. For further details contact RECO by visiting www.reco.on.ca, calling 416-207-4847 or toll free at 1-888-296-8755.
The Toronto Real Estate Board is restricted tin handling concerns relating to the Multiple Listing Service only. For further details please contact 416-443-8100 or fax your concern to 416-443-0028.All concerns must be in writing and complainant must be identifiable.
Where a concern involves a monetary value , please contact a lawyer, RECO or TREB have no jurisdiction.
Q: How can I find out about the most current real estate market conditions?
A: The Toronto Real Estate Board issues news releases twice a month, including a full statistical update on market conditions at the beginning of each month. Click on the ‘Consumer Info’ tab on this site, then click on ‘Market Watch’ to view the most recent release, as well as all archived releases.
Q: Can the Toronto Real Estate Board recommend a REALTOR to use?
A: TREB is not able to recommend a particular REALTOR to anyone, nor do we have any knowledge of specific fee or commission structures offered by our Members. There is a wide variety of programs and services in the marketplace to meet your needs. click on ‘Find a REALTOR.’
Q: What is the difference between the Multiple Listing Service (MLS) and the consumer website REALTOR.ca?
A: The Multiple Listing Service is a cooperative system used only by REALTOR Members of Canada’s real estate boards. It is accessible to any REALTOR Member who has agreed to represent your interests and share remuneration from the transaction with a cooperating REALTOR Member. The MLS contains detailed information and numerous search tools, all designed to match people with the properties that fit their exact requirements. REALTOR.ca is a website operated by the Canadian Real Estate Association (CREA) that displays an abbreviated version of most listings uploaded to the MLS system.
