Agent commissions are protected as well. The problem is, there is a “per event” limit on the insurance policy. This brokerages trust account shortfall/losing its registration is a single “event” for insurance purposes. If the losses go “above” the limit, then there isn’t enough money to go around. I personally believe, whatever happens, RECO will make sure all consumers are made whole to ensure people don’t lose trust in the industry. It would be a bad look. Commissions may be a different story.
2025-08-16 18:10:46
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My Tamil Family :
So how do realtors get their commission? Small claims court?
2025-08-16 16:25:21
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Omario :
Why does this sound so satisfying 😁
2025-08-16 15:55:10
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