What is the main purpose of the Real Estate Council of Ontario (RECO)?

The primary function of the Real Estate Council of Ontario (RECO) is to regulate the practice of real estate in Ontario and ensure consumer protection. This regulatory body is responsible for enforcing the Real Estate and Business Brokers Act, which sets the standards and ethical guidelines that real estate professionals must adhere to in their dealings with the public.

By overseeing licensees, RECO ensures that real estate agents maintain a high level of professionalism and integrity, which is essential for building trust within the marketplace. Additionally, RECO provides resources and educational materials to consumers, helping them make informed decisions when buying or selling properties. The focus on protecting consumers and regulating the industry makes this option the most accurate representation of RECO's main purpose.