All salespersons / brokers at our offices are paying:
$99 + HST every 365 days, and receive 100% commission on each deal, subject to an admin. fee of $264/deal, however, the admin. fee on the first transaction of every calendar year will instead be 10% of the commission.
Question:
What is Parking?
Answer:
Sometimes called Warehousing or Shelving, Parking is the term used for registering your Real Estate license with a Licensed Brokerage office that does not belong to a Real Estate Board (TREB, BREB, DREA, MREB, and OREB) nor any Association (CREA and OREA). You are still a fully licensed Registrant with RECO, but you do not have to pay any of the associated dues or fees related to the Boards or Associations.
Flexible Private Office
Fully Custom Space
Remember, you get your licence from RECO.
All the 40 plus boards and associations in Ontario do not give you the license to trade in real estate, they just offer you some services.
- This option is suitable for Salespersons/brokers who do not want to pay OREA fees, CREA fees or any fees to their local board or association.
- You can trade in real estate anywhere in Ontario as a fully licensed real estate professional.
- You can receive referral fees from any registered real estate sales representatives or brokers throughout Canada and USA. You will keep 100% of all referral fees minus our brokerage administration fee.
- You can show homes by searching through www.realtor.ca (www.mls.ca) website
- You can show homesProtect your own commission by having "the confirmation of cooperation form" signed by all parties. by searching through www.realtor.ca (www.mls.ca) website
- List on MLS with our Toronto Office, our Brokerage list properties on MLS at 40 boards and association all over Ontario for a small fee (from $35.00 up to $100.00) as per the Listing referral agreeme
- We will email you all the updates regarding any recent changes that a relevant to the real estate regulations, procedures and practices as soon as they are published.
- Our Broker of record is available 9:00 a.m. to midnight, 365 days a year, upon your request, we will email you all the forms, type the offers and listings with all related documents free of charge, and you will receive the same assistance for all clauses that you might need. If you wish, we will review all documents before you submit to your clients for signature, free of charge. We are committed to assist and support you to secure your success. Also, we have a team of the best Mortgage Brokers, Lawyers and Home Inspectors in the business.
- Our Administration fee for holding your licence is $99 + HST for Ontario every 365 days.
- You will work at your home office.
- You can switch from Parking office to Toronto office at any time.
- There is no time limit to being registered with our brokerage. You can stay as long as you like, provided you maintain your Licence with RECO.
Most flexible package for sophisticated brokers
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Free Conference Room
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No fees if you have no activity
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Frequently Asked Questions
Meet the smart Salespersons / brokers already signed up with Net More Real Estate Brokerage
After resigning from Re/max, Royal Lepage, Century 21, Coldwell Banker, Sutton Group, Homelife, Bosley Real Estate, Keller Williams, Kingsway Real Estate, Living Realty, IPRO REALTY LTD., Master’s Choice , First Choice-Plus, Smart Choice, EXIT and other Brokerages.
