Resources for Brokers

Broker FAQ

Hanging Licenses
  • Active licensees in a brokerage should be a member of an Association the Broker belongs to
  • If the licensee does not join an association, the Broker will be assessed a non-member salespersons fee.
  • This is a bylaw of NAR
    • Bylaw language can be found at https://www.nar.realtor/about-nar/policies/limited-function-referral-office-lfro-policy
    • “For a REALTOR® (principal) to be exempt from paying size formula dues based on referral licensees, the licenses must be held by an entity separate from the REALTOR®’s brokerage firm, and all referrals must be made to the REALTOR’s brokerage firm on a substantially exclusive basis. The same REALTOR® can be a principal in both firms. An “entity” is a separate, legally recognized business and includes all possible structures for a business permitted under state law.”
  • If a licensee wishes to go on referral status they may, but the Broker must have a separate company for referrals.
Applications
  • Agents must fill out and sign all pages and pertinent information. Brokers must sign page 4 in order for the application to be processed.
  • Please use the application on the FAAR website as that is the most current application form https://faarmembers.wpengine.com/how-to-join/
  • If you are unsure of the amount of dues at the time of application, please call FAAR and we will share the latest cost.
  • No Sentrilock or Bright MLS services can be rendered at the time the application is turned in. There is a 24-72 hour turnaround time for applications.
  • A welcome email will be sent to the agent as soon as the application is processed.  Please have agents read it in its entirety.
Terminations and Transfers
  • When an agent is terminated from your office, please notify Lori Hillard Wehr with the specifics of the agents termination with the agent termination form found at https://faarmembers.wpengine.com/forms/
  • When an agent transfers into your office, please notify Lori Hillard Wehr of the agents transfer with the agent transfer form found at https://faarmembers.wpengine.com/forms/ and $75 payment.
  • If an agent is transferring from another association, they will need to fill out the application form, not the agent transfer form.
  • REALTOR® members must hold a valid license with DPOR. Upon expiration, the FAAR office will notify a member via email within 5 business days of the expiration. On the 10th of the month, if DPOR does not indicate the license is renewed, the FAAR office will terminate all services- association, Sentrilock and Brightmls.
How to print, pay, or email an agents' dues
  • On the faarmembers.com portal, a broker or office designated person can pay agent dues and as part of this process they can also send a message to selected agents and print renewal notices. Start by logging in at faarmembers.com/myaccount.  If you have not updated your information or logged in recently, you might be prompted to review your information before proceeding to the “My Account” page. 
  • View the rest of the instructions here

Broker News

The FAAR Expo is back in 2021

The FAAR Expo is back in 2021

This year the Special Events Committee and the Board of Directors are excited to announce a return to the FAAR Expo! Mark your calendar for September 15th as we gather at the Fredericksburg Expo Center to learn, network, and have fun! Great Speakers FAAR is thrilled...

read more
#Member Monday—Meet REALTOR® Valerie Dellandre

#Member Monday—Meet REALTOR® Valerie Dellandre

The Fredericksburg Area Association of REALTORS® Member Spotlight feature allows members of the community to get to know each other before working with each other in a transaction. Each member answers a series of questions to reveal more about themselves as people. ...

read more

Interesting Factoids from NAR’s 2020 Member Profile

compiled from 2019 and 2020 information... Business Characteristics of REALTORS® 65% hold sales agent licenses, 22% broker licenses, 15% broker associates73% specialize in residential salesThe typical member has 9 years’ experience, 17% with less than a year...

read more
2021 Affiliate Directory: Connecting REALTORS® and Affiliates

2021 Affiliate Directory: Connecting REALTORS® and Affiliates

Browse the Directory Flip through to see all of FAAR's affiliate members organized A to Z by company and also by service in the annual directory. Not only will this guide you to some of the best companies in the local area, but the directory also contains committee...

read more

FAAR receives $4,500 for Orange County Park Project

FAAR will use a $4,500 Placemaking grant from the National Association of Realtors® (NAR) to help transform an unused space in the Town of Orange into a vibrant, public destination for community use and enjoyment.  The grant was designed by NAR to ensure local...

read more
Member Monday – Meet REALTOR and Affiliate Laura Pate Rodier

Member Monday – Meet REALTOR and Affiliate Laura Pate Rodier

The Fredericksburg Area Association of REALTORS® Member Spotlight feature allows members of the community to get to know each other before working with each other in a transaction. Each member answers a series of questions to reveal more about themselves as people. ...

read more

February Sees More of the Same in Local Real Estate Market

February of 2021 saw very similar numbers as January, with increases in sold dollar volume, median price, and units sold.  The market saw a 10% year-over-year increase in median price, going from $316,000 in February of 2020 to $349,950 in February of 2021.  Units...

read more

Stafford County Votes to Downzone 90,000 Rural Acres

On Tuesday, March 2, the Stafford County Board of Supervisors voted 4-3 to downzone nearly 90,000 acres spread across more than 2,000 parcels in the rural A-1 zoning category from one house per 3 acres to one house per 6 acres.  Supporting the measure were Crystal...

read more

Decision time in Stafford County

Tomorrow is decision day in Stafford County.  Will the Board of Supervisors adopt a unilateral downzoning changing the minimum lot size from 3-acres to 10-acres?  FAAR has been strongly opposed to this action for more than a year because it could devalue rural land,...

read more

Toolkits to use and share

Being a New REALTOR®

Get on the road to success with tips, ideas, and helpful advice. Learn what other rookies have done to jump-start their careers, find first clients, overcome objections, and discover negotiation strategies.

Security Features on Social Media

Social media has become an integral part of marketing and communications. Get information on concerns with various popular social media sites as well as tips and suggestions to protect your privacy and identity.

Listing and Presenting

Prospective clients have to buy into the idea that you’re up to the challenge. Learn how to tailor your approach to the seller’s comfort zone, pinpoint the perfect price, and answer any objection.

Rookie Checklist

Life as a rookie real estate professional is not easy, but REALTOR® Magazine is here to help.Get answers to common first-timer questions and review the checklists for your first year in real estate and beyond.

Prospecting Methods

Prospecting is the lifeblood of any successful real estate career. The more people you come in contact with, the more listing and sales you can achieve. All it takes is a plan and some persistence.

Personal Marketing

Personal marketing is the process of getting your name out there and convincing people to contact you when they need real estate services. Learn how to plan and execute your personal marketing strategy.

Property Marketing

With all of the many options available to market a single property, it’s hard to know where to begin. Create a marketing plan and determine the best place and tone for your property advertising.

WorkSmart Sales Meeting Kits

 

 

Enhance your next sales meeting — and make sure your agents are up to snuff — with these 10-minute meeting kits.

What’s included?

The kit comes complete with a presentation (including a short video and Q&A), a broker’s guide, and a printable poster for your bulletin board or fridge.Check it out — you have to be logged in — and bookmark it today — and pump up your next meeting with just a few clicks of your mouse.

FAAR Classroom Room Rental

Hey Managing Brokers! Did you know you can use the FAAR classroom for FREE? Each office is entitled to use the classroom to hold their sales meetings up to 2 hours! This benefit can be used up to once per quarter, and it is for in-house meetings and training only. If you require longer rentals, or additional days, our classroom can be rented at low member rates!

More information request for Brokers

What else would you like to see on this page of faarmembers.com?

Pin It on Pinterest