What responsibility does the Real Estate Council of Ontario (RECO) have regarding real estate professionals?

The Real Estate Council of Ontario (RECO) plays a crucial role in the oversight and regulation of real estate professionals in Ontario. One of its primary responsibilities is to enforce compliance with real estate laws and ensure that these professionals adhere to the regulations designed to protect consumers. This involves monitoring the conduct of real estate agents and brokers, investigating complaints from the public, and taking disciplinary action when necessary. By maintaining standards and promoting ethical behavior, RECO not only safeguards the interests of consumers but also helps maintain public confidence in the real estate profession.

The other options do not correctly represent the primary functions of RECO. Providing marketing tools or assisting agents in finding clients focuses more on business operations rather than regulatory oversight, and setting property prices falls outside the purview of regulatory bodies, as market dynamics are influenced by various factors, and not controlled by any single entity.