We are reaching out to you today as the Designated Realtor for your brokerage as Pen-Mar Realtors® begins our annual dues billing process that we perform on behalf of your state association, the National Association of Realtors®, and Pen-Mar Realtors® each year.
As a small staff, we begin early to ensure accurate and timely dues billing and processing so that our members have plenty of time to plan and memberships are processed timely and accurately.
ROSTER UPDATE
The first step in our process is to confirm your roster. The deadline to do so is August 30.
REALTOR® dues are assessed based on the licensees affiliated with each member firm. To ensure accurate billing and compliance with National Association of REALTORS® membership requirements, we ask that you review your current roster and notify us of any additions, departures, transfers, or status changes that may not yet be reflected in our records.
Please take a moment to review the following:
- All licensed individuals currently affiliated with your firm
• Any licensees who have transferred, retired, or become inactive
• Any new licensees who have joined your firm and intend to hold REALTOR® membership
• Any changes to office information that should be updated in our records
If no changes are needed, a simple reply confirming that your roster is accurate is appreciated. To add or remove agents from your roster, please click here to fill out our Notification of Change form.
To ensure your firm's dues billing is calculated correctly, please provide any updates by August 30. All individuals responding prior to August 30 will be entered into a drawing for a chance to win a $30.00 Amazon gift card.
We appreciate your assistance in maintaining accurate membership records and helping us ensure a smooth dues renewal process. If you have any questions or need assistance reviewing your roster, please contact our office.
Thank you for your continued membership and support of Pen-Mar REALTORS®.
DUES BILLING SCHEDULE
Then, we will send several reminders via email as well as post about dues deadlines on our social channels to ensure that our members are aware of our timeline and their responsibilities. The tentative schedule is as follows:
October 19 First Dues invoices sent
November 16 Second dues invoice sent
December 9 Third dues invoice sent
December (week of) 14 Mailing sent to those who’ve not paid
December 28 Final dues invoice sent
December 31 Deadline to pay for dues
DESIGNATED REALTOR RESPONSIBILITIES
Under NAR policy, each Designated REALTOR® is responsible not only for their own REALTOR® membership dues, but also for a dues assessment based on the number of licensed individuals affiliated with their firm who are not REALTOR® members.
The purpose of this formula is to ensure fairness across brokerages of different sizes. In calculating dues, Designated REALTORS® receive credit for affiliated licensees who are already REALTOR® members and paying dues individually. However, for affiliated licensees who are not REALTOR® members, NAR requires a non-member assessment to be included in the Designated REALTOR®'s dues calculation.
To determine the appropriate dues billing, associations periodically request confirmation of licensed individuals affiliated with each office. Maintaining accurate records helps ensure that dues are assessed correctly and in accordance with NAR policy.
We understand that dues calculations can sometimes be confusing, and we are always happy to answer questions regarding your firm's membership roster or dues billing.
Thank you for your continued support of the REALTOR® organization and the professional standards it promotes throughout our industry.
