Simplify Your Real Estate Career Transition.

What can I do while my License is Parked.

Parking Your License allows you to maintain your Real Estate Council of Ontario (RECO) license and liability insurance while temporarily stepping back from active real estate transactions.

With your license parked, you can continue to trade in real estate and explore various career opportunities without the obligations of an active membership with your Local Board (such as TREB or BREB).

Key Benefits:

Maintain RECO Membership: If you want to be able to Trade at anytime, it is imperative that you stay compliant with RECO Licensing regulations and keep your liability RECO Liability Insurance active.

Keep Trading: MLS Transactions with a Parked License

Even while your real estate license is parked with Toronto Real Estate Realty Inc., you remain fully active in the real estate industry. You are not required to belong to any specific Real Estate Board, as RECO (Real Estate Council of Ontario) is the supreme licensing authority. This means you can continue to conduct MLS transactions, show MLS properties, and negotiate with MLS listing agents without interruption. 

Our virtual brokerage allows you to seamlessly handle all aspects of real estate transactions while your license is parked, ensuring you stay engaged and productive in the industry.Why Choose Toronto Real Estate Realty Inc.?

Flexibility: Explore various job opportunities within the real estate sector without the need to actively sell. 

Other Job Opportunities for Licensed Professionals

Your license can be parked while you explore a range of real estate roles:

– Leasing Agent – Residential or Commercial
– Property Manager
– Legal Office Position
– Assistant to Real Estate Salesperson
– Real Estate Brokerage Office Manager
– Real Estate Educator, Trainer, and Administrator
– Sales Representative at New Home/Condo Building Sites

Thinking About Retirement?

If you’re retiring or taking a break from active real estate work, you can:

– Refer Leads: Direct your past buyers and sellers to another real estate professional of your choice. Receive referral payments and ensure your clients receive excellent post-sale service.

– Stay Connected: Your database benefits from continued service, and you may receive new leads and referrals.

– Engage in Brokerage Opportunities: Participate in pre-construction condo sales, mere postings, and business commercial opportunities while your license is parked.