Frequently Asked Questions
No. TRREB membership is optional. Your real estate licence is maintained through RECO and your brokerage, not through TRREB.
Yes. Unlike some brokerages, agents registered with Toronto Real Estate Realty Plus may continue to trade in real estate while enjoying the benefits of a low-cost licence parking model.
A. No. CREA and OREA fees are generally associated with board membership. If you are not a board member, those fees generally do not apply.
No. The Wellness Program fee is generally associated with board membership. If you are not a member of a board that charges the fee, it generally does not apply.
RECO is the licensing authority that allows you to trade in real estate in Ontario and is mandatory.
TRREB membership is optional. Think of it as joining a club because you want the MLS® access and other benefits it provides.
A. No. Toronto Real Estate Realty Plus does not charge monthly office fees, desk fees, or franchise fees.
Yes. Changing brokerages does not cancel your real estate licence or require you to start over. Your RECO registration remains active and your registration number stays the same. The brokerage under which you are registered simply changes.
In most cases, very little changes.
If you belong to a real estate board, your board records will need to be updated to reflect your new brokerage. This helps ensure your MLS® access and board services continue without interruption.
In most situations, your MLS® access, user names, passwords, and email addresses remain unchanged.
In many cases, brokerage transfers can be completed quickly through RECO’s online registration system. Once the required information has been provided, your new brokerage can often initiate the transfer electronically and coordinate any required board updates
ABOUT
SERVICES
PROMOTIONS
INFORMATION
CONTACTS
Thinking About A Brokerage Transfer?