Resources for Brokers
Talking Points for Brokers
NAR & Virginia REALTORS Resource Guide for Brokers
Do you have delayed licenses?
- Report new license applications that have reached 21 days without issuance from DPOR
- Fill out the form below to alert FAAR to the problem
- FAAR will refer information to the Virginia Realtors® for potential action directly with DPOR and for informational purposes
License Hotline
Form for brokers to report delayed licenses
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.
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 www.faarmembers.com/forms
- If an agent is moving offices within FAAR, the agent can login at faarmembers.com/myaccount, click on “Submit Office Transfer”, and follow the prompts. An email will be sent to FAAR’s Membership Department and to the new Broker to approve.
- 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
Applications
- The dues fee schedule can be found at 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.
Request an Office Visit
Broker News
FAAR sends letter to King George County on short-term rentals
On Wednesday, March 22, 2023, FAAR sent a letter of concern to the Supervisors and Planning Commissioners of King George County regarding their proposed short-term rental ordinance. The proposal includes a principal residence requirement for short-term rentals and...
#MemberMonday: Meet REALTOR® Tamar Myers-Moffatt
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. ...
Real estate market demand continues to cool
February 2023 saw more of the same in the local real estate market with falling demand, rising prices, and increasing days on market. Total sold dollar volume was down 20% coming in at approximately $158.7 million compared to nearly $200 million in February of 2022. ...
2023 Spring FAARside Newsletter now available
Your copy of FAAR's Spring Newsletter, the FAARside is here! Crack open a copy to learn about what's going on at the Association including a letter from the President, a letter from the CEO, general assembly update, and more! This edition of the publication includes...
FRAUD ALERT: Vacant lots targeted for scams
Beware of a land scam that is seeing an uptick in recent months. FAAR members report several cases of potential land sales fraud and the story goes like this: An out-of-area seller wants to list a parcel of vacant land for well-below market value. The seller will not...
King George County looks to regulate short-term rentals
King George County recently proposed a short-term rental ordinance that would require any short-term rental to be in a property owners’ principal residence, so a second home in the County could not be rented out as a short-term rental. King George County Realtors®...
#MemberMonday: Meet REALTOR® Alexandra Novogradac
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. ...
Real estate prices continue to rise while demand craters
January 2023 saw demand crater compared to the highs of early 2022, but prices continued to rise with sizable jumps in nearly every locality. Units sold is the big story for this past month with more than 35% fewer homes changing hands than last year. January 2022...
Scam Alert: Health Insurance Text Messages Target NAR members
FAAR members have reported receiving multiple text messages offering health insurance from a sender who claims to be affiliated with NAR. Messages like these are a scam, NAR does NOT offer members direct health insurance benefits and did not authorize a third party...
Welcome Meghan Kala to the FAAR Board of Directors
The Board of Directors elected Meghan Kala in January to serve as a Director when another Director needed to step down from the position. Meghan has served as Vice-Chair for the Education Committee in 2022 and is currently serving as the Chair. What goals does Meghan...
Toolkits to use and share
Being a New REALTOR®
Security Features on Social Media
Listing and Presenting
Rookie Checklist
Prospecting Methods
Personal Marketing
Property Marketing
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.
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
More information request for Brokers
What else would you like to see on this page of faarmembers.com?