Following the closure of iPro Realty Ltd., RECO is taking steps to protect consumers, agents, and brokerages. This includes those who were represented by an iPro agent, agents from iPro, or those who have been involved in a transaction with iPro.
Protecting the public is RECO’s top priority. The latest news and updates on this matter are available below:
- May 28, 2026: RECO provides update on iPro resolution and consumer protection actions
- February 18, 2026: Update on iPro commission protection claims and ongoing actions
- January 21, 2026: RECO announces full payment of eligible iPro commission protection claims
- January 6, 2026: Update on iPro Realty insurance claims and ongoing actions
- December 30, 2025: Update on iPro commission claims: Revisions to insurance release forms
- December 24, 2025: An open letter on the actions addressing the iPro matter and upcoming transparency initiatives
- December 18, 2025: Update on ongoing civil proceedings and other iPro Realty matters
- December 15, 2025: Update from the Insurance Program Manager
- November 28, 2025: Insurance Program Manager update
- November 26, 2025: Update for former iPro agents about documentation
- November 25, 2025: Letter from RECO’s Board of Directors to the Minister of Public and Business Service Delivery and Procurement
- November 13, 2025: Statement from RECO’s Board of Directors following Minister’s letter
- November 13, 2025: Dentons Confidential Final Report on the iPro Matters (PDF)
- November 6, 2025: Update: Addressing cheques to iPro Realty Ltd.
- October 30, 2025: Statement from RECO Board of Directors on Dentons’ Independent Report
- October 1, 2025: Insurance Program Manager update
- September 19, 2025: RECO submits evidence in legal process aimed to recover consumer and registrant trust funds at iPro Realty
- September 12, 2025: RECO files Notice of Application to pursue recovery of consumer and registrant trust funds at iPro Realty
- September 5, 2025: RECO update on iPro insurance process
- August 29, 2025: Response from RECO Board Chair to Minister’s Letter
- August 25, 2025: Update for consumers, agents and brokerages: iPro freeze order
- August 25, 2025: RECO’s board acts to protect homebuyers and sellers; launches immediate independent and comprehensive audit into iPro matter
- August 22, 2025: A statement from RECO’s CEO, Brenda Buchanan
- August 19, 2025: Update for consumers and agents: iPro closure
- August 14, 2025: iPro Realty Ltd. closure effective August 19, 2025