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.
by Pat Breme, RCE, CIPSCEOThe National Association of REALTORS® (NAR) created a program, the Commitment to Excellence, to raise the bar of professionalism in order for REALTORS® to serve clients better.The end game is equipping members with tools to enrich their...read more
Did you know? We have training classes on Bright’s YouTube channel every week. Learn how to perform basic tasks, gain useful tips, and ask questions to a member from our Bright training team. In April, Bright Training Classes will move...read more
While February statistics tracked fairly closely to 2018 numbers, pending sales indicate a warming in the local real estate market. Total sold dollar volume increased 2.4% in February, coming in at $106.4 million compared to nearly $103.9 million in...read more
Create a Mission/Vision StatementWRITE out a Business Plan - This is a great one (https://www.nar.realtor/writing-a-business-plan)Create a Marketing Plan & Budget (for your business and your listings)Create a Social Media PlanWrite (or update) your...read more
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
From the NATIONAL ASSOCIATION OF REALTORS®... Prepared by Evan Liddiard, Senior Policy Representative, Federal TaxationExample 1: Amy Agent is a single Realtor® who operates as a sole proprietor and independent contractor. She received $100,000 in net...read more
On 2-12-2019, the FAAR Technology Committee sat down with Vernon Jones, Regional Vice President, Bright MLS. Here's what we learned. CustomizationsBright MLS does have the capability to make localized customizations for an entire association or certain...read more
On Friday, Feb. 15, FAAR and our neighboring Realtor® associations are hosting an online livestream Bright MLS meet-up. Hear from the incoming Bright MLS Interim CEO and members of the Bright MLS leadership team about their plans for moving the system...read more
The 2019 real estate market kicked off with mixed results. Total sold dollar volume fell 14.5% in January, coming in at $88.961 million compared to over $104 million in January of 2018. The number of units sold decreased year-over-year over 13.7%, going...read more
A change was implemented this week regarding access to NVAR forms through dotloop®. This security measure is intended to ensure that only Realtor® subscribers or their authorized designees have access to this proprietary professional resource.Subscribers...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!