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
Summer Selling Season is in Full Swing
The summer selling season is in full swing in the Fredericksburg area with June real estate statistics blowing the record-breaking 2020 out of the water. Total sold dollar volume increased by 29% fueled by a more than 17% rise in median sold price and a more than 10%...
Let’s TACO-bout Fair Housing Fairhaven Contest
New Fairhaven Contests for Offices & Agents FAAR is introducing a two-part competition for FAAR REALTORS® and Brokers! Agents are asked to complete the FREE Fair Housing training at fairhaven.realtor. The office with the highest percentage of agents to complete...
#MemberMonday Meet Affiliate Member PJ Moore
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. ...
#MemberMonday Meet Senior Mortgage Originator Gene Newman
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. ...
Juneteenth
Written by Sha Williams-Hinnant and Tamar Myers-Moffatt As demonstrators across America continue to fight to liberate black and brown people through legislative action against systemic racism, the country is getting ready to celebrate the 156th anniversary of one of...
Real Estate Continues to Roll Through May
The real estate market continued to post unprecedented numbers as spring marches on with significant increases in total sold dollar volume, median price, and units sold. While the percentage increases year-over-year are staggering, the gains are moderated by the fact...
Dual-Career Agents And How To Make It Work
This week we talk to agents who are working to have it all. Check out these great tips and encouragements from dual-career agents who are making it work. Get ideas on how to streamline your business, on some tools to help you out, and how to make your business...
Homeownership-month
Each year during the month of June, the Fredericksburg Area Association of REALTORS® (FAAR) takes the opportunity to celebrate homeownership by showcasing individual homeowners, government officials, and various programs that protect and promote the American Dream of...
Topside Federal Credit Union Awards Students Across the Area with $7,000 in Scholarships
FOR IMMEDIATE RELEASEFor More Information Contact:Lisa WilliamsLisa.Williams@TopsideFCU.org I 540.413.3889 DAHLGREN, VA (June 1, 2021) - Topside Federal Credit Union, the area's largest locally owned credit union, recently awarded scholarships to five students from...
#MemberMonday Meet Chad Hallett
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. ...
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?