Real Estate Council of Alberta

Last updated

The Real Estate Council of Alberta (RECA) regulates the real estate brokerage, mortgage brokerage, property management, and condo management industries in Alberta, Canada. RECA operates on behalf of the Government of Alberta under the authority of the Real Estate Act. [1]

Related Research Articles

This aims to be a complete list of the articles on real estate.

<span class="mw-page-title-main">Broker</span> Person who arranges transactions between a buyer and a seller for a commission

A broker is a person who or entity which arranges transactions between a buyer and a seller. This may be done for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal.

<span class="mw-page-title-main">Real estate agent</span> Person who acts as an intermediary between sellers and buyers of real estate for a commission

Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency.

Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business.

<span class="mw-page-title-main">Business broker</span>

Business brokers, also called business transfer agents, or intermediaries, assist buyers and sellers of privately held businesses in the buying and selling process. They typically estimate the value of the business; advertise it for sale with or without disclosing its identity; handle the initial potential buyer interviews, discussions, and negotiations with prospective buyers; facilitate the progress of the due diligence investigation and generally assist with the business sale.

<span class="mw-page-title-main">CBRE Group</span> US commercial real estate services and investment company

CBRE Group, Inc. is an American commercial real estate services and investment firm. The abbreviation CBRE stands for Coldwell Banker Richard Ellis. It is the world's largest commercial real estate services and investment firm.

A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom and Australia, the most common term is buying agent.

Stanley A. Kushner is a former politician and current real estate agent in Alberta, Canada.

<span class="mw-page-title-main">Macdonald Realty</span> Canadian real estate company

Macdonald Realty is the residential division of Macdonald Real Estate Group Inc. (MREG). MREG is a privately owned Canadian real estate brokerage and advisory business with offices across British Columbia. Established in 1944, MREG offers a fully integrated range of real estate services, including: residential sales, commercial sales and leasing, property and strata management, project marketing, and development management services.

The Alberta Real Estate Association (AREA) represents 10,000+ real estate brokers and associates who are members of Alberta's 10 real estate boards.

Anywhere Advisors is a residential real estate brokerage company in the United States of America. A subsidiary of Anywhere Real Estate, Inc., its headquarters are located in Madison, New Jersey. As of 2022, the company owns and operates more than 40 brokerage firms in approximately 55 U.S. markets. Most firms are branded under the Coldwell Banker, Coldwell Banker Commercial, Sotheby's International Realty or Corcoran Group brands.

<span class="mw-page-title-main">JLL (company)</span> Real estate consultancy firm

Jones Lang LaSalle Incorporated (JLL) is a global real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals, as well as technology products through JLL Technologies, and VC investments via its PropTech fund, JLL Spark. The company is ranked 193 on the Fortune 500.

Douglas Elliman is an American real estate company.

The Real Estate and Business Brokers Acts is the legislation regulating the individual brokers and businesses registered to trade in real estate in Ontario, Canada. The most recent version, the Real Estate and Business Brokers Acts, 2002, came into force in Ontario, Canada on March 31, 2006. Sections 50 to 53, dealing with the creation of regulations, were enabled on November 7, 2005. Section 8, dealing with specialist certifications, has yet to be proclaimed. REBBA is administered by the Real Estate Council of Ontario on behalf of the Ontario Ministry of Consumer Services.

Established in 1997, the Real Estate Council of Ontario is a not-for-profit corporation that regulates the trade of real estate in Ontario in the public interest. On behalf of the Government of Ontario, it administers and enforces the Real Estate and Business Brokers Act, 2002 and its regulations.

Newmark Group Inc. is a commercial real estate advisory and services firm headquartered in New York City. It operates as Newmark, and is listed on the NASDAQ Global Select Market under the symbol "NMRK".

<span class="mw-page-title-main">Colliers International</span> Real estate investment firm

Colliers International Group Inc. is a Canada-based diversified professional services and investment management company with approximately 18,000 employees in more than 400 offices in 65 countries.

Purplebricks Canada is a Canada-based real estate brokerage and a subsidiary of Desjardins Group.

<span class="mw-page-title-main">Association of Real Estate Agents Uganda</span> Ugandan real estate umbrella organization

The Association of Real Estate Agents Uganda , is an umbrella organization of real estate agents, managers, organizations and other real estate professionals in Uganda, the third-largest economy in the East African Community.

<span class="mw-page-title-main">Compass, Inc.</span> American residential real estate broker

Compass, Inc. operates a residential real estate brokerage in the United States. It has approximately 29,000 agents, who are generally independent contractors, on its platform.

References

  1. "Real Estate Act". Real Estate Council of Alberta. Alberta Queen's Printer. Retrieved October 4, 2022.