Those are some of the issues the province is considering in a modernization of the 2002 rules governing Ontario’s real estate industry, known as the Real Estate Business Brokers Act (REBBA). Consumers making a complaint can wait years for resolution,” said Ontario Real Estate Association (OREA) CEO Tim Hudak, a former leader of the Ontario PC party. There would be exceptions for remote areas with limited real estate services or circumstances such as the handling of a family estate. There are about 82,000 real estate agents and brokers in Ontario. Tess Kalinowski is a Toronto-based reporter covering real estate.

Source: thestar February 01, 2019 01:07 UTC