RECO provides a summary of key performance measures here. For more in-depth reporting, please refer to RECO’s annual report.
Consumer protection: brokerage inspections
|
Performance measure |
2023 |
2024 |
2025 |
|---|---|---|---|
|
Brokerages inspections |
|||
|
Target # of inspections |
900 |
1,050 |
1,250 |
|
# of completed inspections |
888 |
1,065 |
TBA* |
* Number will be published at fiscal year-end.
|
Performance measure |
Goal |
2022 |
2023 |
2024 |
|---|---|---|---|---|
|
Brokerages |
||||
|
% of inspected brokerages requiring no further regulatory action |
Maintain or improve the % of inspected brokerages that comply with regulations and require no further regulatory action |
89% |
88% |
TBA |
|
Real estate agents |
||||
|
% of registrants subject to complaints and/or regulatory action |
Maintain or improve the % of registrants who are subject to complaints and/ or regulatory action |
2.2% |
1.8% |
TBA |
Registrant satisfaction
Each year, RECO surveys registrants to understand their perspective on RECO’s work as a regulator and identify any trends.
|
Performance measure |
Goal |
2022 |
2023 |
2024* |
|---|---|---|---|---|
|
% of registrants satisfied with RECO overall |
Maintain or improve the % of registrants who are satisfied with RECO overall |
76% |
69% |
69% |
|
% of registrants satisfied with the overall experience they had when interacting with RECO |
Maintain or improve the % of registrants satisfied with the experience of their interactions with RECO |
77% |
74% |
75% |
*A new survey provider was used in 2024 therefore results are not directly comparable with prior year’s.
Consumer satisfaction
Each year, RECO surveys consumers to understand their perspective on RECO’s work as a regulator and identify any trends.
|
Performance measure |
Goal |
2022 |
2023 |
2024* |
2025 |
|---|---|---|---|---|---|
|
% of consumers satisfied with the outcome they had when interacting with RECO |
Maintain or improve the % of consumers satisfied with the outcome of their interactions with RECO |
77% |
74% |
68% |
59% |
*A new survey provider was used in 2024 therefore results are not directly comparable with prior year’s.