Editor's note, September 25, 2026: an earlier version of this article, published June 1, 2026, contained figures and programme details that we could not trace to a published source. It has been rewritten using only the sources listed with the article. We regret the error.
Ready to move? See how to switch real estate brokerages in Ontario — RECO's transfer steps, timing and what to ask first.
To switch brokerages in Ontario, you give your current brokerage written notice under your agreement, sign with the new brokerage, and the new brokerage completes the transfer of your registration in RECO's MyWeb within 60 days of the termination's effective date. Active listings and buyer agreements are contracts with the brokerage, so each client's consent decides what happens next.
Why agents switch brokerages (the honest reasons)
- Cost: the split, fees and cap no longer fit your production.
- Technology: the tools slow you down or cost extra.
- Mentorship: new agents who joined an office without real support look for one that has it.
- Access to the broker of record: slow answers are a compliance risk as well as a frustration.
- Fit: your business has changed — a new niche, a team, a different market.
Whatever the reason, write down what you need from the next brokerage before you start talking to one.
The 14-day switching timeline that actually works
Two weeks is a planning assumption, not a RECO rule; what RECO sets is the transfer window described below. Rushing is what causes most problems.
Days 1-3: Pre-decision review
- Pull your last 24 months of production and everything you paid your brokerage.
- Get the new brokerage's split, fees and cap in writing and compare.
- List every active listing, buyer representation agreement and pending deal.
- Read your current agreement for notice periods, exit fees and how pending commissions are paid.
Days 4-7: Quiet preparation
- Meet the new brokerage's broker of record.
- Sign the new brokerage's agreement once you are satisfied with the terms.
- Don't announce the move publicly or to clients yet.
Days 8-10: Notice and active deal handling
- Give written notice to your current brokerage as your agreement requires — RECO's transfer process asks for the written termination notice.
- Speak privately with each active client about the options.
- Document each client's decision in writing.
Days 11-14: Transfer and launch
- Your new brokerage completes the transfer in MyWeb using your RECO registration number.
- RECO requires transfers to be processed within 60 days of the termination's effective date; the transfer date cannot be backdated more than 30 days and cannot be post-dated.
- If you are still registered with your former brokerage when the transfer is completed, RECO notifies that brokerage by email, and you and your new brokerage get email confirmation.
- Update business cards, signs, website, email signature and social profiles the day the transfer takes effect.
- Ask your real estate board how your membership and system access move with you.
Handling active listings and buyer agreements
RECO explains that a representation agreement is "a contract between you and the brokerage", not the individual agent. You cannot move a client's agreement on your own.
For active listings
The seller decides. Depending on the agreement, they may stay with your current brokerage and work with another agent there, or agree with that brokerage to end the listing and sign with your new one. Get the outcome in writing either way.
For buyer representation agreements
The same principle applies: the agreement is with the brokerage. RECO notes that a brokerage may ask to appoint someone else if a designated representative stops working there, and that it cannot make that change without the client's consent. Settle the position before the buyer makes an offer.
For pending commissions
How commissions on deals that close after you leave are paid depends on your agreement with your current brokerage. Document every in-flight deal and its expected closing date before giving notice.
The compliance and communication tightrope
Until the transfer takes effect you are registered with your current brokerage, and you owe it and its clients the duties that come with that. Take legal advice before contacting clients about the move or taking any client records with you.
Advertising must be correct from day one. RECO Bulletin 5.1 says "all advertising must include the name of the brokerage", and that agents "are prohibited from advertising in any manner unless the brokerage is clearly and prominently identified" — including websites and social media. Old cards, signs and profiles are advertising.
How Summitly handles the transfer for incoming agents
As with any brokerage, when you join Summitly (Coldwell Banker Summit Realty, Brokerage) it is the new brokerage that completes your transfer in MyWeb. We walk you through the timing for your active files in a confidential conversation first. Every Summitly agent gets 1-to-1 mentorship from senior brokers, in person at the Vaughan office, with a virtual option where available. There is onboarding training when you join and training every week, and recordings may be provided. Coaching and office support come at no extra charge.
Frequently asked questions
Can my current brokerage refuse to release me?
RECO's transfer is completed by your new brokerage in MyWeb, and your former brokerage is notified by email if you are still registered there. What you owe your current brokerage — notice, fees, handling of pending commissions — is set by your agreement; get legal advice if there's a dispute.
What happens to my MLS® access and lockbox keys?
Board membership and system access are tied to your brokerage and managed by your real estate board. Ask your board what happens on the transfer date and return any board property as it requires.
Do I have to tell my clients I'm switching?
Clients with active agreements need to know, because their agreement is with the brokerage and any change needs their consent. Have the conversation privately, explain the options and don't pressure them.
How do I handle a showing or open house during transfer?
Make sure every sign and handout identifies the brokerage you are registered with on that day. If the transfer falls mid-week, it is simpler to move the event.
How long does a RECO transfer take?
RECO requires the transfer to be processed within 60 days of the termination's effective date. It cannot be post-dated, and neither date can be backdated more than 30 days — so plan the paperwork with your new brokerage before you give notice.
Key takeaways
- Your new brokerage completes the transfer in RECO's MyWeb, within 60 days of the termination's effective date.
- Agreements are with the brokerage. Clients decide, in writing.
- Don't announce early. Sign, give notice, then talk to clients.
- Advertising must show your new brokerage from the day you move.
- Document pending commissions before you give notice.
Recruitment questions? Book a confidential conversation with Summitly (Coldwell Banker Summit Realty, Brokerage) and we will answer them in writing.
