RECO reduces registrant fees, effective March 1, 2023
RECO is implementing fee reductions that will affect all registrants, effective March 1, 2023. The following reductions are being 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 1, 2023, the renewal application fee and the $44 mandatory continuing education fee (MCE) will be paid together to reduce the number of payments required from registrants. By collecting these two fees at the same time, the biennial payment for registrants, subject to mandatory continuing education requirements, will be $350 ($306 + $44), reduced from $434 ($390 + $44).
