REAL ESTATE LICENSE Getting Started Learn More About Royal Pro Agents have been misled to believe they have to be a member of a Real Estate Board to engage in buying and selling real estate or to receive referral fees. This is not true at all. To have or maintain your real estate license you do not need to be a member of a Board, CREA or BCREA.
And stop paying their required fees each month or year. Parking your license with Royal Pro means that you are still fully licensed under the Real Estate Services Act of BC and you can continue to use your license as a source of business income. But you are not a member of the Board nor the MLS system.
And stop paying their required fees each month or year. Parking your license with Royal Pro means that you are still fully licensed under the Real Estate Services Act of BC and you can continue to use your license as a source of business income. But you are not a member of the Board nor the MLS system.
Services
Royal Pro's main business is that of a "License Warehouse". Real Estate Licensees who do not wish to be actively listing and selling real estate can keep their license current rather than leaving it expire. It offers a unique "3rd" alternative to keeping your valuable license active. No, Royal Pro is not a member of a Real Estate Board.
The Real Estate Council is a regulatory agency established by the provincial government. In conjunction with the Superintendent of Real Estate, its mandate is to protect the public by enforcing the licensing and licensee conduct requirements of the Real Estate Act. Represents members at the federal level of government and acts as a watchdog on national legislation that pertains to the real estate industry.
There are many factors in a Real Estate Agents decision to park your license. Personal reasons to need a break, health issues etc. What Royal Pro Real Estate offers is the ability to park your license while you deal with any issues and stay active and not lose your real estate license and pay huge fees.
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