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Regulation and Compliance

RECO's September bulletin puts communication complaints on notice

Your phone buzzes at 8:45 PM. It is a client asking why the seller has not signed back yet, and whether you made a typo in the irrevocable time on Form 101. You stare at your screen, exhausted from spending the afternoon retyping the same twelve facts across eight different OREA forms. You know the file is correct, but the client is anxious, and an anxious client is one phone call away from filing a dispute.

RECO published the September 2026 issue of For the Record on September 29, 2026. The bulletin highlights that the most common consumer complaints involve unprofessional conduct or communication, misrepresentation of property information, and competency (skill, judgement and providing opinions). When a deal slows down, communication is the first thing that breaks. A buyer or seller sitting in the dark assumes the worst.

Why does communication break down during negotiations?

Negotiations expose every gap in your process. If you take four hours to send a revised Schedule A to a client because you are manually updating dates across multiple forms, that delay creates panic. Clients do not understand the mechanics of OREA paperwork. They understand waiting, and waiting makes them suspect you are careless.

RECO’s September bulletin lists unprofessional conduct or communication first among consumer complaints. Property misrepresentation and competency issues often stem from the same root cause. Rushing through paperwork late at night leads to transposition errors in the purchase price, incorrect legal descriptions, or missed conditions. When you have to explain to a buyer why a clause was omitted or mistyped, your professionalism takes an immediate hit.

What are the penalties for missed brokerage deadlines?

While you are managing client communications, the regulatory calendar keeps moving. In an open letter on September 29, 2026, RECO reminded brokerages that mandatory annual financial filings are due by October 30, 2026. Non-compliance brings late-filing penalties, referral to RECO’s Discipline Committee with public disclosure, and possible suspension or revocation of registration. Broker of Record responsibilities demand your full attention, and managing agents while tracking compliance leaves zero margin for administrative errors.

How can you prevent paperwork mistakes under pressure?

You do not need another compliance seminar to tell you to double-check your work. You need a system that removes the friction of manual data entry so you can focus on answering your client’s calls before they escalate. When your forms populate correctly the first time, you spend less time proofreading and more time managing client expectations. Take a look at the offer wizard to see how automated drafting eliminates repetitive typing errors.

Staying compliant under the Trust in Real Estate Services Act means keeping your administrative house in order while the Ministry of Public and Business Service Delivery and Procurement reviews feedback from its TRESA consultation, which ran from August 24 to September 18, 2026. When the rules tighten, the margin for a careless paperwork error disappears. Check our FAQ for details on how structured form management protects your license from preventable oversights.

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