Cold Lake Real Estate Agents
Buying Your Home - Working With a Real Estate Agent
- Knowledge and Ongoing Education: All Alberta industry professionals complete comprehensive pre-licensing education, along with ongoing mandatory professional development to ensure current industry knowledge.
- Assurance Fund: This fund protects the financial position of consumers who’ve been the victim of fraud or breach of trust by a licensed industry professional. The fund is supported by licensed Alberta industry professional contributions. It’s important to note that this fund isn’t available for consumers who dealt with unlicensed individuals.
- Complaints and Discipline: Licensed Alberta industry professionals follow a standard of practice specified by real estate legislation. However, if a consumer complains about their dealings with an unlicensed person, RECA’s jurisdiction is restricted to investigating whether the person conducted an activity that required a licence. In these cases, RECA cannot discipline for how badly the activity was performed or how greatly the consumer was disadvantaged