License Parking

Ontario Real Estate License Parking with a Brokerage – Explained

license parkingWhen you work so hard to get a real estate license, you surely want to be certain that you protect it at all cost. Furthermore, many agents might not realize that if they live in Ontario they could actually park their license with a brokerage registered with Real Estate Council of Ontario. However, before accepting this option, there are a few things in which to consider.

You may want a break in your real estate career and leaving the business temporarily due to one or more of the following or other reasons:

  • Real Estate investors having real estate license
  • Registrants who have health issues
  • Long Maternity leave
  • Registrants who want a break from pressure of having to deliver / make sales
  • Getting involved in other projects
  • Retirement reason
  • New to real estate but not ready start yet
  • Extensive travel in near future
  • Any other reason

You can park your license with us if you have following:

  • Registration with Real Estate Council of Ontario (RECO)
  • Valid Errors and Omissions insurance
  • You must be completing 24 hours of continuing education, including the RECO update course, in each 2 year cycle of your license renewal period.
  • Paid brokerage association/ parking fee

Advantages of License Parking:

  • No Monthly Fees
  • No Board Fees
  • No Desk Fees
  • No Office Supply Fees
  • Income Earning Possibilities

Please complete the form below or call us (416-364-5550, or direct Alam Qureshi, 647-999-2171) to discuss the possibilities confidentially:

'Contact Us Form'

Thanks for your interest in our services! Please fill out the form below, along with your email and a detailed message, to discuss the possibilitis. We look forward to hearing from you..

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