Sector Notice: RECO Fee Changes Effective January 1, 2027

Following consultation on RECO’s proposal to restore registrant fees to 2022 levels, adjusted by 2.1% for inflation, RECO is advising that registration, processing and transfer fees will change effective January 1, 2027.

Why the change is necessary

Fee reductions introduced in 2023 will result in approximately $30 million in foregone revenue by the end of 2026. As a result, RECO’s recurring fee revenues are no longer sufficient to fully support the ongoing cost of delivering its regulatory mandate.

Restoring the fee baseline will provide more stable funding for consumer protection, regulatory oversight, and enforcement, while supporting necessary investments in the organization’s regulatory capacity and modernization.

Even following the adjustment, RECO’s registration fees will remain the lowest of any provincial real estate regulator in Canada..

What registrants need to know

There are no changes to how registrants and applicants complete registration, renewal or other transactions through MyWeb.

RECO will continue to provide direct renewal reminders to registrants 60 days ahead of their registration expiry.

The January 1, 2027, fee changes are intended as a near-term measure to restore financial stability, while longer-term financial models are explored.

To support this transition, please access our Frequently asked questions below. If you have questions about your registration, please contact at registration@reco.on.ca  or 416-207-4800.

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Frequently asked questions

Why are RECO’s fees changing?
Fee reductions introduced in 2023 will result in approximately $30 million in foregone revenue by the end of 2026. As a result, RECO’s recurring fee revenues are no longer sufficient to fully support the ongoing cost of delivering its regulatory mandate. Restoring the fee baseline will provide more stable funding for consumer protection, regulatory oversight, and enforcement, while supporting necessary investments in RECO’s regulatory capacity and modernization. Even following the adjustment, RECO’s regulatory fees will remain among the lowest in Canada.

Will there be further changes to RECO’s fees?
The January 1, 2027, fee changes are intended as a near-term measure to restore financial stability. RECO’s broader financial sustainability review will consider its longer-term funding and cost-recovery model, with further opportunities for sector input.

I just received my renewal notice, and it already notes the updated fee. Why is the 2027 fee already applied when it is not yet January 1, 2027?
Renewal notices are issued approximately 60 days before your expiry date. If your registration expires in early 2027, your renewal notice will be sent in late 2026 and will reflect the 2027 fee rates.

Can I renew and pay my fees early to lock in the current rate?
No. You may only begin to renew your registration upon receipt of a renewal notice which is issued approximately 60 days prior to your registration expiry.

Do I need to do anything different to apply, renew, or transfer?
No. Nothing about the process has changed. All applications, renewals, and transfers continue to be completed through MyWeb.

What if I don’t pay this new fee?
Applications are not processed prior to receiving payment and considered incomplete.

Who do I contact with questions about my registration?
Email registration@reco.on.ca. General information about the fee change, including the consultation results, is available on RECO’s website.

How was the consultation conducted, and who participated?
The consultation ran from August 11 to September 11, 2026. RECO invited feedback through direct emails to all registrants, outreach to Local Boards and OREA, social media, and materials posted on its website, with comments submitted through an electronic form.