RESAAS Services Inc. Implements Strategic Audit Change

Author: Henry Turner Updated: 12-02-2025 08:43 AM

RESAAS Services Inc. Transitions to New Auditor

RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a prominent technology provider in the real estate sector, has made a significant move by appointing Davidson & Company LLP as its new auditor. This decision, effective immediately, aims to bolster RESAAS’s commitment to high financial reporting standards and align with its expanding business strategies.

Importance of the Change

The transition to Davidson & Company is a strategic step forward for RESAAS, reflecting its ongoing dedication to excellence in financial oversight. The firm is registered with the Public Company Accounting Oversight Board (PCAOB), which means that it meets stringent regulatory requirements for U.S. securities compliance. This is crucial as RESAAS looks to enhance its operations in the American market and cater to cross-border initiatives.

Statement from Leadership

Tom Rossiter, CEO of RESAAS, emphasized the positive implications of this change by stating, "There were no reportable events between RESAAS and Smythe LLP, and we appreciate their work and professionalism over the years. As RESAAS continues to grow within the U.S. real estate technology market, upgrading to a PCAOB-registered audit firm is a strategic and positive step forward." This quote encapsulates the company's intent to pursue growth while ensuring that its financial practices are robust and compliant.

Next Steps for RESAAS

Following this appointment, RESAAS has filed a Notice of Change of Auditor in compliance with National Instrument 51-102. This documentation ensures transparency during this transition and upholds the company’s commitment to regulatory compliance.

About RESAAS Services Inc.

RESAAS is an award-winning technology company dedicated to serving both the Global Residential and Commercial Real Estate Industry. With over 600,000 residential real estate agents in 160 countries utilizing its platform, RESAAS provides unmatched opportunities for unique real estate data and qualified international referrals.

Expanding Horizons

RESAAS is increasingly recognized not just as a platform for agents, but as a critical tool for institutions within the commercial real estate sector. Major brokerages depend on RESAAS to securely distribute their data to targeted third parties, highlighting the platform’s utility in a data-driven marketplace.

Future Aspirations

With a clear vision for growth, RESAAS is well-positioned to leverage its technological solutions as it continues to evolve. The company aims to stay at the forefront by expanding its services and enhancing its user experience, thereby solidifying its leadership in the real estate technology domain.

Frequently Asked Questions

What prompted the auditor change for RESAAS?

RESAAS initiated the change to Davidson & Company to enhance its financial reporting standards and compliance with PCAOB requirements.

Who was the previous auditor for RESAAS?

The previous auditor was Smythe LLP, which resigned at the company's request.

How does this change impact RESAAS's operations?

This change allows RESAAS to align its audit practices with U.S. regulations, thereby supporting its expansion in the U.S. real estate market.

What services does RESAAS provide?

RESAAS offers technology solutions that empower real estate agents and institutions with unique data insights and networking opportunities.

What is the future outlook for RESAAS?

RESAAS plans to continue enhancing its services and expand its reach in the real estate industry, aiming for sustained growth and innovation.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

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