How is the core purpose of the Real Estate Council of Ontario (RECO) best described?

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The core purpose of the Real Estate Council of Ontario (RECO) is best described as supporting a fair, safe, and informed real estate market for consumers. This includes activities such as providing consumer protection, ensuring professionalism and ethical conduct in the industry, as well as promoting transparency and information for individuals participating in real estate transactions. Inspecting real estate brokerages, addressing complaints against registrants, setting educational requirements for real estate professionals, overseeing all real estate transactions in Ontario, and regulating real estate fees and commissions are not within the primary mandate of RECO and do not capture the holistic mission of supporting a fair, safe, and informed real estate market for consumers.

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