Park Your RECO Real Estate license

for one low fee

Park Your RECO
Real Estate license

for one low fee

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OPTION #1

Pay only once

$250/one time
  • includes set up fee
  • includes RECO transfer
  • NO fixed contracts
  • get paid for referrals
  • trade in real estate

OPTION #2

Pay annually

$69/year
  • $125 one time set up fee
  • includes RECO transfer
  • NO fixed contracts
  • get paid for referrals
  • trade in real estate

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Frequently Asked Questions

  • Retired

  • Semi-retired

  • On maternity leave

  • Part-time

  • Disability

  • Real Estate Board Fees – $766.73 (678.52 + HST) (TRREB fee, other boards may differ)

  • OREA Fees (including ORWP) – $869.96 (769.88 + HST)

  • CREA Fees – $350.30 (310.00 + HST)

  • Franchise Fees – $1500 – $2000 (depending on franchise)

  • Desk Fees – $1000 – $5000 (depending on brokerage plan)

  • RECO licence renewal fees
    ($350 once in 2 years – includes mandatory MCE)

  • E&O Insurance
    ($500 every year)

If you are licensed in Ontario, you may park your license regardless of your location.

Yes.  You are not required to be a member of organized real estate (local board or association) in order to trade in real estate as long as your RECO license is still valid.

We have all the resources of a full-time brokerage at your disposal so that you may change your active/inactive status any time and as often as you like.

To transfer your license to us, you need to follow these steps:

– select your desired option from the choices above

– provide us with a payment of your set up fee plus RECO transfer fee

– provide us with your RECO license number and proof of identity

– provide us with a letter of resignation to your current brokerage

and that’s it!  

we will do the rest and you will be transferred and begin to enjoy $0-membership-cost freedom within 24 hours. 

Just Click HERE to send us a message about your interest and we will follow up with you as soon as possible to complete your transfer.

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How are we different?

no monthly fees

Other real estate parking brokerages charge you monthly fees for parking your real estate license and keeping your RECO registration active. With us, you never pay any monthly fees or hidden fees

earn commissions

Other real estate parking brokerages only park your license, but have no active real estate teams. With our team of experienced agents, you may leverage your referrals and earn real estate commissions from them

flexibility

Other real estate parking brokerages charge you every year to host your RECO license. With us, you have an option of paying only one-time-fee and never worry about paying us annually

networking

Other real estate parking brokerages provide no additional opportunities. With us, you may leverage your other business or professional practice and promote yourself to our own agents and clients

no fixed contract

Other real estate parking brokerages tie you to a fixed contract or charge you a fee for getting out of their contract. With us, you are free to leave or make changes according to your circumstances

return to business

Other real estate parking brokerages provide no infrastructure to support your return to work. With us, you can enjoy the benefits of a full-service brokerage anytime you wish to resume your real estate career

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CONTACT US TO GET STARTED

Times Realty Group Inc., Brokerage
545 North Rivermede Rd, Unit 101B
Vaughan, ON, L4K 4H1
tel: 416-410-0116