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The Designated REALTOR®’s Choice in Policy Regarding Non-Member Licensees

The Designated REALTOR®’s Choice in Policy Regarding Non-Member Licensees

posted: 01/06/2020

The National Association of REALTORS® calculates the personal dues of Designated REALTORS® (DR), the Broker of the firm, to include a non-member assessment multiplied by the number of non-members licensed with the firm. A DR with agents adopts one of two office policies that apply to how the DR's personal dues are calculated and owed.

Office Policy #1: All REALTOR® firm.

  • All licensees affiliated with the firm are required to maintain their REALTOR® membership to remain licensed with the firm.
  • Each Broker only pays personal REALTOR® dues annually.
  • The Broker turns in licenses to MREC of any non-renewing agents before December 31.

Office Policy #2: Firm can include non-member licensees.

  • Each Broker acknowledges that personal annual REALTOR® dues increase to include an assessment for each non-REALTOR® licensed with the firm.
  • The association sends a revised dues notice to each Broker, adding the appropriate number of non-member assessments on behalf of any agents who did not renew REALTOR® membership by December 31.

Brokers, if you have selected Policy #1, please consider putting it in your Office Policy Manual.