Buying a Home

Here’s how RECA helps protect you:

• Licensing Real Estate Professionals: RECA completes pre-licensing checks, including requiring licensees to submit a criminal record check, and establishes the training all real estate licensees must complete before they’re licensed. Their experience, knowledge, and expertise can help guide you through the process. RECA also provides an easy tool, called RECA ProCheck, to let you check the status of a licensee and make sure they have the right licence for your specific needs.
• Regulating Standards of Practice: RECA’s Industry Councils set clear expectations for how licensees should conduct themselves when working with consumers, emphasizing honesty, professionalism, and delivering quality service.
• Enforcing Ethical Guidelines: RECA enforces a strict code of ethics and professional conduct so that real estate licensees act in consumer’s best interest. This includes making sure consumers are fully informed about all aspects of the buying process (like pricing, conditions, and potential risks).
• Consumer Protection: If a buyer feels they’ve been given incorrect or incomplete information from a licensee during the buying process, RECA is here to help. Consumers can file a complaint, and RECA will review the situation and take appropriate action.

Purchasing a home is an exciting milestone – and a major financial decision. Whether you’re a first-time buyer or an experienced homeowner, understanding the process, costs, and market trends can help you make informed choices.