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License On Ice

REAL ESTATE LICENSE "PARKING"

Joining a Board vs Not Joining a Board

While your license is parked, you are still considered a fully active agent. The only thing an agent cannot do with a parked license is join a board or MLS.

If you need to access transaction forms the Board will require you to join.

The License Parking program is perfect for agents who:

• Do referrals

• Do commercial transactions

• Process only a few transactions a year

• Want to maintain an active license status

California

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.

As a CURB member you have access to our exclusive "Real Estate License Parking” program. The License Parking Program enables you to avoid paying:

• Local Board fees 

• CAR (California Association of Realtors) fees

• NAR (National Association of Realtors) fees

parking 4.jpg

To take advantage of this program, just click the Subscribe button below. Only $29 monthly fee.

Do not worry about the CAR & NAR association paperwork, we will process all that for you as well. 

California Department of Real Estate requires ALL transactions be reported to the broker, which also include: lease transactions, personal real estate transactions as well as referral transactions. 

If a closed transaction is not reported to the brokerage within 3 (three) business days of close of escrow, there is a $15,000 fine per unreported transaction as well as the requirement by the DRE to report said agent to state enforcement, which may result in the loss of the agent's license and/or additional fines and disciplinary action. This DRE rule also applies to "parked licenses".

Park NOW !

Georgia

When licensed in the state of Georgia, real estate agents have 3 license status choices:

1) Place your license with the GREC as inactive. 

(When your license is inactive you cannot practice real estate or collect referral fees)

2) Join a local board and pay GAR, NAR, and Local Board association fees.

3) Park your Real Estate License - which enables you to avoid paying GAR, NAR, and Local Board association fees and still remain active.

As a CURB member you have access to our exclusive "Real Estate License Parking” program. The License Parking Program enables you to avoid paying all the expensive: 

• Local Board fees 

• MLS fees

• GAR (California Association of Realtors) fees

• NAR (National Association of Realtors) fees

parking 4.jpg

Georgia Department of Real Estate requires ALL transactions be reported to the broker, which also   include: lease transactions, personal real estate transactions as well as referral transactions. 

If a closed transaction is not reported to the brokerage within 3 (three) business days of close of escrow, there is a $15,000 fine per unreported transaction as well as the requirement by the GREC to report said agent to state enforcement, which may result in the loss of the agent's license and/or additional fines and disciplinary action.

This GREC rule also applies to "parked licenses".

Park NOW !

Tennessee

When licensed in the state of Tennessee, real estate agents have 3 license status choices:

1) Place your license with the TREC as Retired.

(When listed as Retired you cannot practice real estate or collect referral fees)

2) Join a local board and pay TR, NAR, and Local Board association fees.

3) "Park" your License, which enables you to avoid paying the TR, NAR, and Local Board association fees and still be fully active.

As a CURB member you have access to our exclusive Real Estate License Parking program. The License Parking Program enables you to avoid paying

all the expensive:

• Local Board fees 

• MLS fees

• TR (Tennessee Association of Realtors) fees

• NAR (National Association of Realtors) fees​​

parking 4.jpg

Tennessee Department of Real Estate requires ALL transactions be reported to the broker, which also include: lease transactions, personal real estate transactions as well as referral transactions. 

If a closed transaction is not reported to the brokerage within 3 (three) business days of close of escrow, there is a $15,000 fine per unreported transaction as well as the requirement by TREC to report said agent to state enforcement, which may result in the loss of the agent's license and/or additional fines and disciplinary action. This TREC rule also applies to "parked licenses".

Park NOW !

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