TRESA is a consumer protection legislation, regulating the conduct of real estate brokerages, their salespeople, and brokers. The Act provides consumer protection in the form of deposit insurance and requires all registered real estate professionals to carry errors and omissions insurance. When you choose to use the services of a Realtor, it is important to understand that this individual works on behalf of a brokerage. The brokerage carries ultimate responsibility for all its... [read more]