TORONTO, Feb. 13, 2026 /CNW/ - Save Max has more than 1,100 real estate agents and 50 real estate brokerages in Canada, serving thousands of clients each year in the purchase and sale of their homes.
The Real Estate Council of Ontario (RECO) recently took unwarranted regulatory action against Save Max, creating the impression that $2.7 million was misappropriated from the brokerage trust accounts. This is not accurate. This did not occur.
Contrary to the rumours circulating about what is in Save Max's trust accounts, no funds are missing.
It is well known that RECO failed in its regulatory obligations in handling the iPro Realty trust fund misappropriation scandal. Save Max is not iPro. Nor is this an opportunity for RECO to rehabilitate its reputation as a competent regulator. Jobs and people's homes hang in the balance.
These allegations, together with RECO's disproportionate action, have caused serious harm to Save Max's business, agents, brokers, and clients.
We will respond in the appropriate forum.
SOURCE Henein Hutchison Robitaille LLP
Henein Hutchison Robitaille LLP, [email protected]
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