What Does It Mean to Park Your Real Estate Licence?

Thinking about stepping back—but not giving up your licence?
Parking your real estate licence means placing it with a licensed Ontario brokerage while significantly reducing the ongoing costs of operating your business. Whether you’re navigating a slower market, pursuing another career, working part-time, or simply re-evaluating your business, parking your licence allows you to remain RECO licensed and ready whenever opportunities arise.

Instead of paying franchise fees, desk fees, monthly office fees, and other unnecessary overhead, you can maintain your licence in a more cost-effective way while keeping your options open.

And here’s what many agents don’t realize: parking your licence doesn’t mean putting your real estate business on hold. As long as you’re registered with a licensed Ontario brokerage and maintain your RECO registration, you can continue buying, selling, leasing, showing properties, submitting offers, earning commissions, and receiving full brokerage support.

You’re Still Fully Licensed. You’re Still Ready to Trade.

When you park your real estate licence with Toronto Real Estate Realty, your licence remains active under RECO. You can continue buying, selling and leasing real estate, showing MLS® listed properties, preparing and submitting offers, earning commissions, and receiving experienced Broker of Record support—all while benefiting from a more flexible and cost-effective brokerage model.

Board membership is your choice—not a requirement to remain licensed. If board membership provides value for your business, keep it. If it doesn’t, you can continue trading while reducing unnecessary annual membership costs..

Whether you’re taking a temporary break, working part-time, or simply reducing overhead during a slower market, Toronto Real Estate Realty Plus is here to support you every step of the way.