Acquiring a broker registration will allow you to transition to the role of a broker of record. In a management role, you will need to ensure that brokerage operations and processes adhere to the Trust in Real Estate Services Act, 2002 (TRESA) as well as all other applicable legislative and regulatory requirements and obligations, thereby enhancing consumer protection.
This course will help you identify key considerations for opening a new brokerage or acquiring an existing one, the possible types of ownership, the process for registering a brokerage with RECO, potential brokerage organizational structures, and the individual roles within the brokerage. Finally, the course will discuss how to identify and manage potential risks.
