Posts in February 21, 2026

If you are an Ontario Real Estate Agent, you likely felt a chill this week. On February 4, 2026, RECO issued sudden Freeze Orders against four Save Max brokerages, alleging that $2.7 million was unlawfully disbursed from trust accounts to pay operational expenses. While the defense argues the funds were quickly replaced and "no money is missing," RECO has taken the nuclear option. This strict crackdown proves RECO is no longer waiting for money to vanish before shutting brokerages down. If your brokerage slips, your commission and license are at risk.