OREA’s submission on the review of REBBA is informed by two years of research, member consultation, and work by OREA’s REBBA Review Taskforce.
OREA published four white papers, reviewed over 4,000 member responses, hosted six townhalls, and launched two member surveys to bring forward 40 recommendations to the Province on modernizing REBBA.
It is the most comprehensive study of REBBA since it’s passage in 2002.
OREA’s Leaders know that the greatest threat to the business of real estate is not technology disruption, but the potential loss of trust in REALTORS® because of outdated practices, low professional standards, and weak enforcement.
So OREA set a bold goal to achieve the highest professional standards for real estate in North America.
With the right changes to REBBA, we can give Ontario consumers more choice, reduce red tape, and make it more difficult for people to enter the profession while making it easier to kick the bad actors out. We can provide REALTORS® with modern business tools like personal real estate corporations and most importantly, give Ontario families stronger protections when they are making the largest financial decision of their lives.
With your help, we can man ensure the right changes to REBBA are made.
Take a moment to send a letter to your local Member of Provincial Parliament (MPP) and encourage them to support OREA’s recommended changes to REBBA.
Together, we can make Ontario the North American leader in real estate professional standards.