Who regulates real estate agents in Quebec?
In Quebec, the real estate industry is regulated by the provincial government. real estate agents must have a license to operate in the province, and they must follow certain rules and regulations.
If you’re thinking of hiring a real estate agent to help you buy or sell a home in Quebec, it’s important to know who regulates the industry and what rules they must follow. In this blog post, we’ll explore the regulatory landscape for real estate agents in Quebec.
What is the OACIQ’s role?
OACIQ is the organization responsible for regulating the real estate industry in Quebec. It is a non-profit organization that is overseen by the Quebec government. OACIQ’s main responsibilities are:
- To protect the public by ensuring that only qualified individuals are licensed to practice real estate in Quebec
- Oversee the education and training of real estate professionals.
- Ensure that the industry operates in a fair, ethical and legal manner.
How is OACIQ Governed?
OACIQ is governed by a board of directors consisting of nine members, who are elected by the members of the association. The board of directors is responsible for setting the overall direction of the organization and for making decisions on behalf of the members.
The OACIQ has a staff of over 60 employees, who are responsible for carrying out the day-to-day operations of the organization. The staff is divided into two main departments: the Department of Licensing and the Department of Enforcement.
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