Navigating a slow real estate market?

Parking your license means putting it temporarily or on a long-term hold. This is ideal if you’re pursuing other opportunities but want to keep your **real estate license active** and avoid cancellation.

By parking your license, you can keep it active without the financial burden of franchise fees, desk fees, or monthly charges. It’s a cost-effective way to maintain your license status and stay ready for when the market improves.

And the best part? Just because your license is parked doesn’t mean you can’t continue to engage in real estate transactions. You can still conduct deals and benefit from full brokerage support while minimizing your expenses
Toronto Real Estate Realty has 2 branches – the Toronto TREB Office and the Markham NON-TREB branch. If you are a NON TREB Agent, your license will operate from the Markham NON TREB Branch.

Staying Active While Parking Your Real Estate License in Ontario

When you park your real estate license in Ontario, you remain a fully licensed Realtor under the Real Estate Council of Ontario (RECO).

This means you retain your official licensing status and can continue conducting real estate transactions without interruption. It’s important to note that being a member of the Toronto Regional Real Estate Board is like being part of a club, but it’s not required for you to do business. As long as you are licensed by RECO, you are fully authorized to engage in real estate activities and transactions.

Toronto Real Estate Realty continues to provide full Brokerage Support to all its Agents. We encourage you to complete transactions.