Roughly 90% of initial deal submissions have at least one compliance issue. myAbode catches every one of them — before they reach a regulator.
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Compliance is the Broker of Record's responsibility. We help you carry it.
When a deal goes wrong on compliance, it lands on the broker of record, not the agent. That's the reality of operating a brokerage in Ontario. RECO governs how your brokerage runs, FINTRAC governs anti-money-laundering on every transaction, and both carry real consequences.
myAbode's operations team handles that review for you, on every deal, every time — not as year-end audit prep, but as a standard part of how transactions are processed from day one
Compliance in a real estate brokerage is not a single checkbox. It runs across two distinct regulatory frameworks, both of which myAbode manages as part of your deal processing.
Every deal submitted to myAbode is reviewed by a deal administrator. Our team checks every document for completeness and accuracy before anything moves forward. If something is missing or incorrect, it gets flagged immediately — not discovered at closing.
When a document is outstanding, our team contacts the agent directly — by platform, phone, or email. Broker-owners are not pulled into document chasing. Every communication is logged automatically, maintaining a centralized audit trail on every deal.
Every deal is reviewed against current RECO and FINTRAC requirements. Required forms are verified, trust account obligations are confirmed, and every compliance action is recorded. Roughly 90% of initial deal submissions across the industry have at least one compliance issue — our team catches every one of them before the deal moves forward.
Every action taken on a deal inside the myAbode platform is logged automatically — who reviewed it, what was flagged, when it was resolved, and what was submitted. You are not assembling this trail after the fact. It exists from the moment a deal enters the system.
If RECO comes to inspect or FINTRAC requests records, your files are organized, complete, and ready. That is not a promise — it is how the service works on every deal, every day.
Failing a RECO or FINTRAC audit is expensive, but it's also avoidable, and myAbode is built so it doesn't happen. Our operations team reviews every deal your brokerage processes against both RECO's brokerage-conduct requirements and FINTRAC's anti-money-laundering obligations.
Not as a year-end scramble, but on every transaction, from day one. Because that review is consistent, documented, and built into how your deals move, issues get caught and corrected before they can ever become an audit finding.Your broker of record stops carrying personal liability on top of manual processes, and your brokerage stays audit-ready year-round instead of audit-anxious once a year.
myAbode doesn't just prepare your files for a RECO inspection, we can be present for it. Our team has supported over 15 brokerage audits, and in every case the files were organized, complete, and ready before the regulator arrived. Some of our clients choose to hold their audits at our Toronto office with our team present. This service is available as an add-on, billed hourly.
"There was an audit, and it was handled — no stress, no scrambling. It was a small discrepancy, and they just took care of it.”
From submission to payout, see exactly what you get when our dedicated team takes the backend burden off your plate.
Email, manually tracked
Structured intake, logged immediately
Admin team, variable quality
Dedicated deal administrator, every file
Broker or coordinator chasing documents
Handled directly by myAbode's team
Checked manually, risk of gaps
Reviewed on every deal, every time
Assembled when needed
Built automatically, deal by deal
Manual calculations, internal processing
Managed end-to-end, paid twice weekly
Fixed salaries regardless of volume
Per deal — scales with your business
myAbode reviews every deal against both RECO and FINTRAC requirements as part of standard deal processing. This includes document completeness, identity verification, disclosure requirements, trade record standards, and record retention. Every action is logged automatically, giving your brokerage a complete audit trail on every transaction.
The consequences are serious. FINTRAC fines average over $130,000 per case, and brokerages may face increased regulatory scrutiny or operational restrictions. Most compliance failures are not the result of bad intent — they are the result of under-resourced processes. myAbode exists to close that gap before it becomes a problem.
Yes. myAbode offers RECO audit support as an add-on service, including the option to hold your audit at our Toronto office with our team present. Because your deal files are maintained in order throughout the year, audit preparation is not a last-minute scramble — the work is already done. Book a Demo to learn more.
Book a 30-minute call with us. No pressure, no commitment. We'll walk you through exactly how the service works, what it costs for your brokerage specifically, and whether it's the right fit.
