TRESA Video Guide

TRESA, or the Trust in Real Estate Services Act, is like the rulebook for real estate in Ontario. It’s all about keeping you safe when you’re buying or selling property. This law tells agents and brokerages how to play fair and treat you right.

In Ontario, you’ve got two ways an agent can rep you. First, there’s the “all hands on deck” approach – that’s Brokerage representation. The whole crew’s got your back, but you’ll mostly deal with one main agent. Then there’s the “VIP treatment” – Designated representation. Here, you get your own personal agent (or a few) who’s all about your interests. Either way, your agent’s job is to look out for you and fight for your best deal.

TRESA or the Trust in Real Estate Services Act came into effect with the intention of providing higher protection and transparency for Ontario consumers. It is mandatory for Ontario registrants to provide this guide to a consumer who has reached out for real estate information prior to a realtor providing advice, guidance, or expertise.  This guide covers all aspects of buying, selling, or leasing real estate in Ontario. 

Yes, Ontario registrants must provide the TRESA (Trust in Real Estate Services Act) guide to a consumer who has reached out for real estate information prior to a realtor providing advice, guidance, or expertise.  This guide covers all aspects of buying, selling, or leasing real estate in Ontario.   

RECO stands for the Real Estate Council of Ontario. It regulates real estate professionals in Ontario and protects the public interests in real estate dealings.

RECO was established in 1997 as a Delegated Administrative Authority (DAA) to enhance professionalism in the real estate industry, increase consumer protection and provide an effective and responsive regulatory framework.