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
REALTOR® and Affiliate Members of FAAR Collect Over 18,000 Boxes of Cereal
Every year REALTOR® and Affiliate members of the Fredericksburg Area Association of REALTORS® reach out to their spheres on behalf of the annual FAAR cereal drive. Not only does participation in the drive help our community by providing food for those in need, but...
3rd quarter stats show continued price increases, volume decreases
Bright MLS Broker Public Portal and Homesnap Agreement Ending
Bright subscribers receive access to CoStar’s Homesnap Pro and Pro+ app services through an underlying contract between Homesnap and an entity called the Broker Public Portal (BPP). BPP was originally conceived to create a national consumer home search experience on...
Sentrilock Update: Establishing Security Questions
Effective Tuesday, October 18, 2022, SentriLock is implementing an extra layer of security to the SentriKey® Real Estate website and mobile app. Users will be asked to establish security questions and verify their cell phone. Security questions will offer a secure...
Prices keep going up while demand for housing cools
The local real estate market continues its march toward moderation as demand continues to fall but prices are still climbing compared to last year. Total sold dollar volume was down more than 23% in September of 2022 going from more than $325.5 million last September...
Want to know your climate risk?
Want to know your climate risk? A new tool can help you and your clients assess risk and better plan for the future. Climate Mapping for Resilience and Adaptation (CMRA) integrates information from across the federal government to help people consider their local...
2023 Board of Directors Election Results Announced
2023 FAAR Board of Directors announced Election Results 2023 Leadership Electronic balloting began August 9, ended September 14 at noon Results were announced at a general membership meeting at 3 PM at the FAAR Expo. PresidentCarol Sondrini President-ElectRandy...
Local housing market continues to moderate
The local real estate continues to moderate from its meteoric rise over the last two years. While prices remain high and inventory remains below historical trends, the market continues to slow with double digit decreases in sold volume and units sold and double digit...
Are you registered to vote?
November 8th is Election Day! We are always voting in VA with odd year state elections and even year federal and various local elections. Voters throughout the Commonwealth will see seats for the U.S. House of Representatives and some localities like Bowling Green,...
New licenses taking a long time to process at DPOR? We want to hear from you.
One of the most exciting events here at FAAR is New Member Orientation, when FAAR leadership and staff meet with agents starting their real estate career. While many of these agents begin their journey into real estate very shortly before orientation, we recognize...
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?