New World 2000 Realty provides a service that benefits all RECO Registrants in Ontario looking to park their real estate license. Here are some scenarios an agent might find themselves in making this solution a perfect fit: - You have your eyes set on maternity leave for the near future as you are expecting to care for your soon to be born child. - You just finished your OREA courses and are looking for an inexpensive realty Brokerage to become a member of. - You are already employed... [read more]

Real estate agents in the Province of Ontario, Canada can drastically eliminate the expenses pertaining to their sales career. If new realtors just entering the business aren't quite sure yet which direction to go with their newly acquired license - give yourself time to make plans that you're comfortable with before rushing to find that expensive franchise brokerage to become a member of. Parking your real estate licence will give you the time you need to work out the details for... [read more]

You may ponder your career as an Ontario realtor when confronted with the obstacle of not turning in a certain desired amount of sales - or worse unfortunately, none at all. Others may be faced with certain foreseeable changes in life or career which directly affect your ability to indulge in real estate sales as initially intended. Consider parking your realty licence and the savings that go with it. Warehouse your Ontario RECO registration. Look to putting your licence on hold if your... [read more]

New World 2000 Realty Inc., Brokerage has been helping Realtors across Ontario save an abundance of money by putting their real estate license on hold, with well over two decades of professional and dedicated experience under it's belt in this field. Philip Caputi is a seasoned Broker in the industry and specializes in assisting with helping other real estate agents in need of a service like this. One of the main reasons why Ontario Realtors in Canada are looking to put their licence in... [read more]

If you are a real estate agent that has been a lot less active in sales and are looking for a solution to help with the costs associated with running your real estate career - that is drastically reducing the expenses to operate as a realtor in Ontario - then take a deep breath because their is no need to worry. You have come to the right place. Agents in Ontario can put their realty license on hold while being registered through the Real Estate Council of Ontario. Those already with a RECO... [read more]

Even as an agent involved in realty sales in Ontario that isn't really active, you can still avoid the majority of the operating costs by deciding to put your real estate licence on hold - which can be done through a Broker and RECO. It's very possible that many agents that step away or take a leave from the real estate industry in Ontario are oblivious or just don't know of the options or solutions they have available to them that can help them with this very scernario... [read more]

Don't get caught in paying for expenses that you don't need when it comes to your real estate career. Significantly cut costs related to local board fees paid out to places like TREB or Associations like OREA and CREA. Eliminate spending any more money on desk and monthly fees. Say goodbye to any franchise or transaction fees. Still making under 90% on commissions earned? Not to worry as you don't have to be a part of any of that especially when you really aren't active in... [read more]

It's becoming more common for practicing agents and graduates just out of real estate school that are taking interest in wanting to put their realty license on hold in Ontario. There are many real estate agents that have unfortunately let their licenses lapse, but it's very possible not all hope is lost. If you are a Realtor who has been letting their Ontario licence lapse, but it hasn't been more than two years, you can avoid termination and have your RECO Registration... [read more]

Don't wait to get on board and join more than three hundred fifty happy Ontario real estate agents, and in doing so, getting rid of up to eighty percent of your sales expenses - here is how you can go about doing just that.  As a new real estate graduate or licensed real estate agent in the Province of Ontario, if for whatever reason whatsoever you already are or will possibly become inactive in realty sales, you will want to avoid the high operating costs pertaining to your career... [read more]

Your a Realtor in Ontario - you love the business, but not much is happening. Other things are going on in your life and as a result your real estate career has taken a back seat. You don't want to give up your license, but the operating costs are starting to become an issue. You may be wondering, "Why pay all these fees when I'm not that active in the industry right now"? Thankfully there is a solution to that very problem. Let's discuss why you should consider parking... [read more]

You can argue that most Ontario realtors make their money exclusively on commissions. These real estate agents, for the most part, take on the position of an independent contractor - which essentially means their self-employed.  It seems that the rules pertaining to employment in Ontario don't necessarily equate or are the same to it's full extent for self-employed real estate agents that are looking to go on maternity leave.  Real estate sales individuals that begin to... [read more]

Let's pause for a minute and take a brief moment before discussing the differences between an active and inactive agent, and instead we'll start off with a quick summary of the way the Brokerage system in Ontario operates when it comes to real estate. Let's avoid overcomplicating things and so we'll keep the explanation below simple. Trading in real estate in Ontario requires a Brokerage to be signed up with the Real Estate Council of Ontario (R.E.C.O) - in addition to... [read more]

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... [read more]

In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]