We would like to inform you of some reductions to fees that will affect all registrants, effective March 1, 2023.
The reductions, as follows, will be funded by RECO’s reserves and will be in place for the foreseeable future.
- For all new, renewal and reinstatement applications, the registration application fee drops from $390 to $306
- For registrants who transfer from one brokerage to another, the transfer fee drops from $100 to $25
- For all new and reinstatement applications, the application review fee drops from $200 to $50
Also, effective March 31, 2023, we will merge the renewal application fee for individuals with the $44 mandatory continuing education (MCE) fee to reduce the number of payments required from registrants. By combining these two fees into one, the biennial payment for registrants, subject to mandatory continuing education requirements, will be $350 ($306 + $44), down from $434 ($390 + $44).
To learn more, please visit reco.on.ca or email us at registration@reco.on.ca.
Thank you,
RECO
Brampton Real Estate Board 