I had my first RECO inspection a couple of weeks ago. RECO stands for Real Estate Council of Ontario - the regulatory body that governs the real estate industry in Ontario.
I have to admit, I was a bit anxious leading up to the meeting with the inspector. Being the first time through such an inspection, I didn't fully know what to expect. My books and files are very organized, so there was nothing for me to worry about, but as with anything, the first time is always nerve-wrecking!
The inspection was very stringent and throrough, but educational. The inspector was very knowledgeable and had lots of practical advice for the proper setup of a brokerage's records. I needed a couple of minor adjustments but otherwise everything went very well.
It is good to know that inspections like these serve the purpose of not only educating brokerages, but in the process, help to protect consumers. This value of protecting consumers is what I feel strongly about, so I welcome any future inspections. My books are always ready for inspection by RECO.
About Me
- John E. Tran
- I love technology (eightdawns.com), I love real estate (citywideprofessionals.com), I love to write (this blog) whenever I get the chance and I love capturing special places, things and people through photography (https://www.flickr.com/photos/jetsphotos). I love technology because it helps to improve the way we work and communicate. I love real estate because it gives me the pleasure of working with people on a personal level. I love to write because it is so therapeutic. I have to admit, my writing is erratic. I have fun playing with words and coming up with different ways to portray my thoughts. I find myself not writing as regularly as I would like. Nonetheless, I would love to write a book some day. I love photography because it helps to preserve memories that fade too, too quickly. I would love to get good enough to be featured in a gallery.