The rules governing Ontario REALTORS® are badly out of date, which is impacting our professional standards. Last year, OREA fought hard to modernize REBBA, the legislation that governs REALTORS® in Ontario. We lobbied for a full review of the Act and engaged thousands of members in a conversation about the future of the profession.
Our REBBA Review Taskforce shared 37 recommendations with the provincial government that, if implemented, would raise the bar on education, strengthen professional standards, allow for personal real estate corporations, create a specialty licensing class, and hold those who break the rules to the highest level of discipline. This January, we heard the great news – after years of knocking, the Ontario government opened the door for REBBA reform and a review is officially underway.