Nova Scotia Real Estate Commission Information

What is the Nova Scotia Real Estate Commission? The Nova Scotia Real Estate Commission is an independent, non-government agency, responsible for the regulation of the real estate industry. What is the purpose of the Real Estate Commission? The Commission's mandate is to ensure consumer confidence in the real estate industry by establishing standards for applicants and real estate Industry Members, which promotes higher standards of professionalism, competence and integrity. How does the commission ensure consumer confidence in the real estate industry? By licensing real estate practitioners (Industry Members), enforcing certain standards of practice required by the Nova Scotia Real Estate Trading Act, and investigating and taking disciplinary action against Industry Members found in violation of the Act, the Bylaw, or the Policies and Procedures. What is the composition of the commission? The Commission is comprised of a voluntary Board of Directors (Commissioners), three volunteer committees and nine full-time staff members. What are the basic responsibilities of the commission members? The Commission is responsible for administration of the Real Estate Trading Act and is accountable for its conduct to consumers and Industry Members, and the provincial government.