As many of you know, I have offered to let my name stand as a candidate for election as a Director of the Real Estate Council of Ontario for a three year term commencing in June 2013.
RECO sponsors an insurance program, but it has become apparent with the recent Graydon Hill matter or last year's Brekland Realty fiasco, that not all of the agents whose commission fell under the commission protection insurance program will receive 100% of their commissions.
That would be unfair!
It somewhat undermines the system.
Here's the political promise: if I am elected I will support a review of the insurance protection program to determine if there are reasonable and cost effective methods to resolve this problem.
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Thanks for your support.
Give me a call, if you have any questions.
Brian Madigan LL.B., Broker is a candidate for election to the Real Estate Council of Ontario, Board of Directors, Region 1, election 2013, you may contact him through RE/MAX West Realty Inc., Brokerage 416-745-2300.