The Real Estate Council of Ontario (RECO) has launched a new consumer-friendly website. “We believe the public will benefit from the information we have on our website and the new tools and features that can help them make more informed decisions before buying or selling a home,” says Tom Wright, president/CEO of RECO.

RECO says one of the most important aspects of the website is the registrant search feature, which will confirm whether an individual or brokerage is registered to trade in real estate in Ontario.

“Consumers who deal with a registered real estate professional have the benefit of consumer deposit insurance. In recent years, some home buyers have lost their deposits because they unwittingly dealt with someone who was not registered,” says Wright.

“As a regulator, RECO is an independent source of information which can help home buyers and sellers have confidence in the process.”

RECO’s website features a number of consumer bulletins regarding specific topics such as planning for an open house, tips to spot a home that may have been a grow op and how to avoid being led into a mortgage fraud situation.

“Through our website, the public can also access the consumer brochure which has been translated into six languages,” says Wright.

The website is at .

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