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 Isn’t Over in the Real Estate Market
September proved another active month in the local real estate market with double digit increases in total sold dollar volume and units sold and a modest increase in median price compared to last September. Total sold dollar volume came in at approximately $184.5...
2020 Board of Directors Election Results
2020 FAAR Leadership Team President Drew Fristoe, Coldwell Banker Elite, MassaponaxPresident-Elect Carrie Danko, 1st Choice Better Homes & Land Vice President Pam Kuper, Century 21 New Millennium...
FAAR to host Opportunity Zone Meeting
FAAR was able to secure a grant through the National Association of Realtors® to host a meeting on Qualified Opportunity Zones and how our region might best be able to utilize this new tool for redevelopment. Anyone who works with investors or has an interest in...
#MemberMonday Meet REALTOR® Carmella Tritt
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. ...
FAAR members recognized at Virginia REALTORS® Williamsburg Convention
Arguably, the highpoint of the Virginia REALTORS® (VR) convention in Williamsburg, September 8-11, was the election of FAAR President Drew Fristoe to the 2020 VR Board of Directors, the graduation of Carol Sondrini from the 2019 Virginia Leadership Academy...
August Market Continues to Sizzle
The summer market continued to sizzle with an active August that posted gains in total volume, median price, and units sold with a large decrease in days on market. Total sold dollar volume increased nearly 13%, going from approximately $191.2 million in August of...
New 2019 Ballot for 2020 Leadership
Please note: The previous ballot went live on September 3, the election was closed down on September 6 because the ascending 2020 president Arlene Mason, resigned from the Board for medical reasons. A new/revised ballot will go live on September 23. The election...
Here we go again…NFIP set to expire
Without Congressional action, the National Flood Insurance Program is set to expire on September 30, 2019. NAR is working with Congressional leaders and the White House to secure a long-term reauthorization of NFIP before then. In the meantime, NAR has prepared this...
What you need to know about the Trump GSE reform plan
The Trump Administration issued a blueprint on Thursday, September 5 for getting Fannie Mae and Freddie Mac out of conservatorship. This is important to REALTORS® because the secondary mortgage market impacts the cost and availability of credit for your clients. The...
FAAR Announces Endorsements for 2019 Local Elections
The Fredericksburg Area Association of REALTORS® (FAAR) announces endorsements for local Board of Supervisors and Commissioner of the Revenue races on the ballot for the November 5 general election. The endorsed candidates represent areas throughout FAAR’s service...
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?