Ontario Brokerage Parks Your Realty License - Reduce Costs
Monday Jun 12th, 2017
If your registered with R.E.C.O., there can be a number of different reasons why you would want to consider putting your realty license on hold. Being an employee of one of the many Ontario Brokerages out there and a member of R.E.C.O. goes hand in hand. You might represent the company you are currently working for as an employee, or your relationship to them might be that of an independent contractor.
A lot of people in Ontario, Canada, who have a career in real estate but whose focus seems to have shifted elsewhere - or are not as actively involved - might not even realize that they have available options to help aid them with this particular scenario. Because they aren't aware of these options, they will continue to endure the high costs associated with their current broker, even though the amount of money they are making has reduced quite dramatically. If you haven't yet, consider keeping your license active by parking it with an Ontario real estate license holding company.
So what would entice a real estate agent to want to park their license? It seems that one of the more common reasons that come up have to do with pertaining to a change in labor or work. Let's say, for example, that the career or job opportunity comes knocking on an agents door, so to speak, that they've wanted for a very long time and the pay is good too. What next? Do they take advantage of this opportunity and go after the job? Also, if this is the decision that's made, what then becomes of their realty license? Hopefully not letting it terminate, especially knowing the steps taken needed to acquire this valuable asset in the first place. There are a lot of real estate agents - in fact hundreds in Ontario - that are saving a ton of money because they decided to take action in parking their realty license.
Are you, or anyone you know with a real estate license, inactive in the field and would like to park it with an Ontario holding Brokerage?
Not sure if your going to use your realty license anytime soon, even though you may be new or a veteran in the industry?
If you were to park your license, not only would you reduce your costs and save a lot of money, but you can also earn high commissions on any business you refer or sell.
Take the plunge if your interested, and we'll get back to you as soon as possible:
If you choose a new career path and decide to remain where you are - that is, still a member with the Real Estate Council of Ontario and the same Brokerage your an employee of - how would your expenses factor into that? What would it cost? Expenses - but not limited to - those pertaining to associations like the Canadian Real Estate Association and the Ontario Real Estate Association. The thing is, there's no need to throw all that money away. It's such a waste, and it's not fair to you. You can warehouse your real estate agent license with a low cost Ontario Brokerage that is a member of R.E.C.O., and in doing so, keeping it active and in good standing. If you have any questions, you can request a call back, or just fill out the form and we'll get back to you as fast as we can. Good luck!
An expert in the field when it comes to the Real Estate Council of Ontario and Broker/Manager of New World 2000 Realty Inc., Brokerage, Philip Caputi has lent his hand in helping and assisting, for well over 10 years, agents within the real estate industry. Significantly lower your costs it takes to operate in this field, and continue to sell or refer sales to the Brokerages and agents you want. You want an experienced Broker that is trustworthy and there to support you. Save money by reducing costs. Park your license.