Resources for Brokers
- 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.
- 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://www.faarmembers.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://www.faarmembers.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://www.faarmembers.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.
Your copy of the May Newsletter, the FAARside is here! Crack open a copy to learn all about what’s going on in local real estate. But that’s not all! It's like a magazine, but useful! This edition includes: Update on the NAR lawsuit Expo Preview New...read more
The lackluster first quarter start to the 2019 real estate market gave way to a stronger April, notes FAAR Board of Director Phillip Blake. “Lower interest rates have helped push buyers off the fence and into the market, with some consumers choosing to...read more
Check out the blog below from the Virginia Realtors® for an update on their efforts to expand health insurance coverage for our members.By: Guest Author, Vice President of Political Operations, Anthony ReedyEarlier this year, more than 3,000 Virginia...read more
Seems like deja vu all over again, right? The National Flood Insurance Program is set to expire again at the end of May. Congress is working on yet another short-term extension. Read below for an update provided by NAR... Bipartisan...read more
From NAR Legal Counsel Katie Johnson... Following the Moehrl v. NAR litigation filed in March that challenges the MLS system and the way that broker commissions are paid, two additional lawsuits with similar allegations have been filed against NAR and the same four...read more
FAAR is debuting an exciting new product this quarter...our very first Virginia Home Sales report specifically for the Fredericksburg region! Compiled by the new Chief Economist at the Virginia Realtors®, Dr. Lisa Sturtevant, this report is...read more
FAAR hosted a meeting at Lake Anna with the Economic Development Directors from the counties of Louisa, Orange, and Spotsylvania. Discussion focused transportation, infrastructure development, healthcare services and broadband. All three government...read more
FAAR and the Chamber hosted a joint legislative reception on Wednesday, April 17 at the 718 Venue in downtown Fredericksburg. Several legislators were in attendance including Senator Bryce Reeves, Delegate Bob Thomas, Delegate Buddy Fowler, and Delegate...read more
Five winners will receive $10,000 for their nonprofit The National Association of REALTORS® seeks nominations for the 20th annual Good Neighbor Awards, which recognizes REALTORS® who’ve made an extraordinary impact on their communities through volunteer...read more
We've heard that broadband is becoming increasingly important to today's buyers and a lack of access can greatly impact transactions and a property's marketability. Some of our local jurisdictions are trying to move the needle on this issue. We want to get a better...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.
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 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 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.
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.
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.
Useful links from National Association of Realtors® and Virginia Realtors®
- VAR Office Policy Manual template
- VAR Standard Clauses 2012
- Broker News From REALTOR Magazine
- VAR Legal Resources Center
- SLIDESHARE: especially designed for brokers, this tool gives you great ideas for sales meetings and more with timely topics in a concise Power Point format.
- Subscribe to NAR’s E-newsletter for Brokers
- Broker Involvement Program
- How to write a Business Plan
- YOU SAID WHAT? An Antitrust Compliance Brochure
- HUD Listing Broker Application FAQs
- Fair Housing Broker Guide
- Office of Fair Housing and Equal Opportunity
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!