Tag Archives: park your real estate license

As goes the #Torontorealestate market, so goes the number of “real estate agents” working in the Toronto market

When the real estate market goes up…

But, what goes up goes, down. When the real estate market goes down …

Whether the “real estate boom” is over or not …

It’s clear that it will harder for Ontario real estate agents to make a decent living. Even if the “real estate market” continued it’ frenzied pace, there are more and more “real estate agents” chasing the supply of listings and the new buyers. More and more buyers are attempting to sell their properties outside the conventional model. They are attempting to sell themselves by using discount brokerages. In short, many sellers are are attempting to avoid the fees that they must pay to use the services of a “full service broker”. It’s time for Ontario real estate agents to consider carefully how real estate agents provide value to their clients.

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“Organized real estate” vs “non-Organized real estate”: Comparing the costs to maintain an Ontario real estate license

In order to maintain your Ontario real estate license you must:

  1. Maintain your registration with RECO (which has its mandatory fees); and
  2. Stay “employed” with an Ontario Real Estate Broker (which has its own set of fees)

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