Real Estate License Parking Program
Trust me, I get it. We’ve all been there. Maybe you’re looking into changing careers, you’re moving, or a baby’s on the way. Whatever the reason, if you’re a real estate agent, there may come a time when you need to park your real estate license. Instead of making your license inactive, voluntary, or otherwise, Velasco Realty Group allows you to maintain your active license while putting MLS and board fees on hold. What’s amazing about this program is that you can earn easy money from referrals – for only $29.00 Dollars a month
Types of Real Estate License Status
When licensed in the state of California, real estate agents have 3 license status choices:
1) Place your license with the DRE as NBA - No Broker Affiliation.
(When listed as NBA you cannot practice real estate or collect referral fees)
2) Join a local board and pay CAR, NAR, and Local Board association fees.
3) Park your Real Estate License - which enables you to avoid paying CAR, NAR, and Local Board association fees and still remain active.
Be part of our group by parking your license with us!. The "Real Estate License Parking” program enables you to avoid paying all the expensive:
• Local Board fees
• MLS fees
• CAR (California Association of Realtors) fees
• NAR (National Association of Realtors) fees
The License Parking program is perfect
for agents who;
• Do referrals
• Retirement from Real Estate
• Changing Careers
• Back to School
• Just need a break from paying high Board & MLS fees
• To busy to do Real Estate
• Family emergency leave
• Moving to another state
• Want to maintain an active license status
WHAT ARE MY ADVANTAGES WHEN PARKING MY LICENSE?
You can continue to use your Real Estate license as a source of income without paying the high cost of recurring Board, Association, and MLS Dues. With Velasco Realty Group you can receive 25% of the net commission just for referring Sellers and buyers within the company.
For referring client(s) to an outside Broker/Agent (not within the Velasco Realty Group) You will receive 90% of the Net Commission.
Not bad for just giving the name and a phone number
ARE THERE ANY DISADVANTAGES IF I DECIDE TO PARK MY LICENSE
Yes, you will not be able to use the term Realtor® and you would no longer have personal Board Association and MLS access (or fees) during this "Parking Period" you will not be able to show houses or open Supra Locks