RECO issues public advisory regarding REXIG Realty Investment Group Ltd. and Pawel (Paul) Poliszot

October 30, 2025 – Today, under the authority of the Trust in Real Estate Services Act, 2002 (TRESA), the Real Estate Council of Ontario (RECO) has taken two actions with respect to an Oakville-based brokerage and one of its brokers, who is the brokerage’s director and president.

Protecting consumer deposits

RECO has issued a freeze order, freezing the bank accounts of REXIG Realty Investment Group Ltd. located at 2380 Bristol Circle, Unit 12, Oakville, ON, L6H 6M5. The brokerage presently has 10 agents.

By issuing this freeze order, RECO has taken steps to protect the funds in the brokerage’s bank accounts. When necessary, RECO issues freeze orders against brokerages to prevent funds from being withdrawn from a brokerage’s accounts to protect consumer deposits.

Proposing to revoke registrations in the public interest

RECO has issued a proposal to revoke the registrations of both the brokerage, REXIG Realty Investment Group Ltd., and registrant Pawel (Paul) Poliszot, who is the brokerage’s director and president.

A proposal to revoke registration is issued when the Registrar believes that a brokerage or an agent is not entitled to registration. Information regarding entitlement to registration can be found in Section 10 of TRESA. A proposal to revoke registration can be appealed within 15 days of it being served. If an appeal is not filed, the brokerage’s and/or agent’s registration will be terminated and they will not be able to trade in real estate at that time; if an appeal is filed, the brokerage could continue operating until the tribunal that hears the appeal orders that the brokerage’s registration be terminated or the appeal be withdrawn.

Given the specific circumstances of this matter, RECO has not sought an immediate suspension order. This means the brokerage remains open, and the broker of record will ensure the orderly closure of transactions and the transfer of agents and active listings to other brokerages.

Resources for those affected

RECO recognizes that consumers who have been represented by, and agents/brokerages who have clients that are party to a transaction involving, REXIG Realty Investment Group Ltd. may be affected by the freeze order and will require more information.

• For pending transactions: Contact your agent or REXIG’s broker of record.
• For buyers and sellers: Contact the real estate agent with whom you have been working. If you need more assistance than your agent can provide, ask to speak to the broker of record for REXIG. In the event you need to file an insurance claim under the deposit protection insurance program, more information is available on the RECO website.
• For agents: Agents with outstanding commissions should file an insurance claim under the commission protection insurance program. Forms are available on the     RECO website.

Additional contact information

The following contacts are available to assist those with questions or concerns about the impact of this freeze order:

Home buyers and sellers with questions about a pending sale or purchase, or any commissions owed to REXIG Realty Investment Group Ltd., please contact RECO:
Dipak Parmar
Phone: (416) 207-3118
Toll Free: 1-800-245-6910, ext. 3118
Email: Dipak@reco.on.ca

Home buyers or sellers with questions about consumer deposits and insurance coverage, please contact RECO:
Insurance department
Phone: 416-207-4800
Toll Free: 1-800-245-6910
E-mail: insurance@reco.on.ca

Brokerages involved in trades with REXIG Realty Investment Group Ltd., where REXIG holds the deposit and/or are owed commissions by REXIG Realty Investment Group Ltd, please contact RECO:
Insurance department
Phone: 416-207-4800
Toll Free: 1-800-245-6910
E-mail: insurance@reco.on.ca

Employees or former employees of REXIG Realty Investment Group Ltd. with questions about commissions, please contact the claims adjuster for RECO’s insurance program:
ClaimsPro
Phone: 1-877-740-1913
Fax: 1-866-735-1033
E-mail: claims@reco-claims.ca

Note: The insurer requires one Notice of Claim Commission Protection form to be completed and submitted for each trade. Claim forms are located on RECO’s website.

Agents with questions about how to transfer their registration to a new brokerage, please contact RECO:
Sylvia Skepple
Phone: (416) 207-5136
Toll Free: 1-800-245-6910 ext. 5136
Email: Sylvia.Skepple@reco.on.ca