May 30, 2026
Switching to a new real estate brokerage in Ontario is often much simpler than many agents expect. Whether you are looking for better commission splits, lower brokerage fees, stronger support, or a more modern virtual brokerage model, understanding the RECO transfer process is important.
At Realty 7, we help both experienced Realtors and newly licensed real estate professionals transfer their licenses quickly and efficiently.
Many Ontario real estate agents decide to change brokerages for reasons such as:
As the Ontario real estate industry evolves, more agents are moving away from traditional franchise models and exploring modern cloud-based brokerages.
👉 Learn more about our brokerage model on the Join Realty 7 page.
The first step is providing written notice to your current brokerage.
This is usually done through a resignation letter addressed to your Broker of Record.
Your resignation date should reflect the current date to avoid processing delays with RECO.
After submitting your resignation, contact your new brokerage and request transfer documentation.
At Realty 7, we guide agents through the entire process and help prepare the required paperwork.
👉 You can also review our Frequently Asked Questions page for additional transfer information.
Your new brokerage will prepare the required transfer forms for RECO processing.
Make sure:
In many cases, RECO license transfers are completed within one business day.
However, delays may occur during:
Many Realtors worry about losing clients when changing brokerages. In reality, clients typically work with agents because of trust, communication, and service — not because of the brokerage brand itself.
Ontario brokerages are legally required to hold commissions in commission trust accounts. If you have pending deals closing after your transfer, commissions are typically paid according to your Independent Contractor Agreement.
Modern cloud brokerages allow Realtors to work remotely while reducing unnecessary overhead costs associated with traditional office structures.
👉 Read also: Cloud Brokerage vs Traditional Brokerage in Canada
Traditional franchise brokerages often involve:
Many Ontario Realtors are now prioritizing:
Realty 7 is a boutique real estate brokerage in Ontario offering:
Our brokerage supports agents across:
Most transfers are completed within one business day.
Yes, but it may slow processing times if both applications are submitted simultaneously.
Yes. Ontario Realtors may join brokerages anywhere within the province.
Not necessarily. Many modern brokerages operate remotely and process transfers digitally.
If you are considering transferring your RECO license in Ontario, Realty 7 can help simplify the process and provide professional support every step of the way.
