ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Park Your Real Estate License in Ontario

Updated on November 25, 2012

From Maternity leave to Retiring your Realtor Career

Keeping your real estate license active could be the best decision in your real estate agents sales profession. Hundreds of well meaning men and women flock to OREA College to follow their dream to become an Ontario Real Estate Agent. Here is what it really takes:

To be registered as a Salesperson with the Real Estate Council of Ontario and 'trade' in real estate in Ontario, you must complete The Salesperson Registration Education Program. The Program begins with the Pre-registration Segment which must be completed within 18 months of the start date of the first course. Following completion of the Pre-registration Segment, students have up to 12 months to obtain employment with a brokerage and obtain Registration as a Salesperson with the Real Estate Council of Ontario (RECO).

The final part of the Program is the Articling Segment, a mandatory 24-month period following the student's registration as a Salesperson.

This entire process takes up your valuable time and a fair amount of your dollars. So what should you do if your life circumstances change?

Realtor's in Ontario Canada

RECO Registrants

What does it mean as a Realtor in Ontario Canada or anywhere else for that matter, to park your real estate agent license?  Real estate Agents and new real estate graduates have chosen a primary or secondary career path in the field of trading in real estate properties including residential, commercial, leasing, investments and property management.  Then, because circumstances change for several different reasons, their career path is altered.  Since there is a very real on-going expense to be in this sales business, a serious challenge financially becomes an obstacle for hundreds of Realtor's yearly.  The decision to keep your real estate license versus allowing it to expire then be terminated is not at all a difficult one anymore.  The park your real estate license option and alternative is available.

Why Place your real estate license on hold?

Full-time, Part-time or just Inactive

As if it isn't enough that much time and money was invested in achieving an Ontario real estate license. Things change but the expenses like franchise fees, desk fees, administration fees, monthly Office dues, transaction fees etc etc never seem to go away even if a Realtor becomes inactive in sales.  Some Agents begin real estate sales on a part time basis while others try it full time and are ready to place all their eggs in one basket and dive in, sink or swim.  It is not just a matter of who will succeed and will fail, it becomes a reality check on which Realtor can adapt and make this lifestyle a fit for them and their family.

Here are just a few reasons why Ontario real estate agents take a step back and become inactive as Ontario Realtor's:

1.  Retiring

2.  A leave of absense like Maternity leave, sabbatical, sickness, extended vacation etc.

3.  Part-time

4.  Another career opportunity

5.  Joining the real estate sales Corporate Sector

6.  Not what they expected, but want to continue with personal and family sales

Park your license solution

Cut your operating costs and save your money

The best solution is to park your real estate license with a real estate Brokerage in Ontario that will eliminate or drastically reduce all your sales costs while allowing you to keep your RECO license active for your current or future use when that usefulness arises or presents itself.  This is not a secret, however, many real estate sales agents don't know that as a parked agent you can still continue to trade in realty sales and if you prefer not to, then refer your sales to another agent and receive referral fees for literally doing nothing at all!

Are you a real estate agent in Ontario and have been in sales long enough to want to take a well deserved break? Are you a fairly new Realtor and things are not going quite the way you had planned? Are you in real estate college right now and would prefer to take your time after successfully obtaining your licence in Ontario, rather than jumping into sales immediately?

Discover how to park your real estate license and start saving your money while keeping your hard earned real estate license with RECO in full active form. Learn about the Brokerage firms in Ontario that will hold your license active while you embark a different route. Save on needless uses you will not be required to pay anymore or while you are in the inactive state. Uses like the Toronto Real Estate Board or your local Board, OREA and CREA too. Get away from mandatory office fees, and if your with a Franchise Brokerage then avoid franchise fees and dues until your ready to get back into real estate sales full time again. Make the right decision for you and your family and if that is to keep your license active while reducing your operating costs then your on your way with Parking your real estate license in Ontario.


Submit a Comment

No comments yet.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)