RECO issues Public Advisory regarding Realty Inc.

The Real Estate Council of Ontario (RECO) has been advised that the following brokerage went into receivership on June 14, 2018: Realty Inc., of 5 Church Street, Toronto, ON M5E 1M2

RECO is monitoring the situation, and taking all necessary steps under the Real Estate and Business Brokers Act 2002 (REBBA). Buyers and sellers who may be concerned about whether a transaction will be completed on time should speak to their real estate representative and perhaps seek advice from their own lawyers.


Buyers and sellers with questions or concerns about deposit money should contact RECO:

RECO Insurance Department



Employees of Realty Inc., with questions or concerns about salaries should contact the receiver:

Jessie Hue
MNP Ltd.


Employees of Realty Inc., with questions about the procedures for transferring a registration to a new brokerage should contact RECO:

Client Services
Phone: (416) 207-4800
Toll Free: 1-800-245-6810


Brokers and salespersons who have questions about the commission protection coverage and the process for making a claim should contact:

ClaimsPro LP
Toll Free: 1-877-740-1913
Fax: 1-866-735-1033

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