Resources 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
Please visit the “My Account” page and click on “Get Started” to set up your portal information and apply for FAAR membership
- 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
Should you be interested in arranging a visit from the FAAR staff and/or the FAAR President, please inform us of your preference. We are eager to conduct an office visit or participate in your sales meeting, as it suits your needs. Kindly access the following link to submit your request for an office visit: https://bit.ly/faarofficevisit. For optimal coordination, please include any specific dates and times you have in mind. We will make every effort to accommodate your schedule.
Broker News
How to Renew Your Real Estate License in Virginia through DPOR
The Virginia Department of Professional and Occupational Regulation (DPOR) regulates the real estate industry in the state of Virginia. Real estate licensees are required to renew their licenses every two years. The renewal process is relatively simple and can be...
NAR Lawsuits Update
NAR has released a few new articles on pending litigation that may be of interest. Use the links below to navigate to those articles and also check out NAR's site focused on how market competition benefits the marketplace and clients and customers. Realtor...
Are you taking advantage of all Bright has to offer?
Are you taking advantage of all Bright has to offer? Recently, Bright added tools and features to help you provide even more value to your clients through your MLS subscription. Stand out from the competition and win new clients. Make the most of your MLS subscription...
FAAR Expo 2023: Save the Date for Fredericksburg’s Largest Real Estate Expo!
The FAAR Expo is back, and it's bigger and better than ever! This year's event will be held on September 13, 2023, at the Fredericksburg Expo Center. The expo is a great opportunity for real estate professionals to connect with other professionals, learn about new...
Is the local real estate market turning a corner?
Could the region finally see a stop to ever increasing home prices? April statistics show that it’s possible the tide is turning and that prices will finally cool after months of plummeting demand and high interest rates. April of 2023 saw prices dip across the...
Bright MLS offers on-the-go Solutions
In the fast-paced world of real estate, you need smart mobile solutions to keep you plugged into your business. Bright MLS answers the call for convenient on-the-go tools with a growing selection of mobile options. In May we're going to offer brand-new mobile...
VA General Assembly Wrap Up
The Virginia Realtors recently published the 2023 General Assembly review. Check out what was passed this year.
Loan Level Price Adjustments (LLPAs) Digest
There has been a lot of buzz about the loan level price adjustments (LLPAs) that go into effect in May 1 per the GSEs. Below are some linked articles on this topic going back to 4/26/2023. Links will be updated as more information becomes available. NAR: FHFA Heard...
Apply for the 2024 FAAR Board of Directors
At FAAR, we are on the lookout for individuals who are driven, passionate and ready to take on leadership roles. We have had an incredible year with the addition of new leaders to our membership and committees, and we are excited to continue this momentum by expanding...
#MemberMonday Meet REALTOR® Macy Williams
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®
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.
Rookie Checklist
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 Methods
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
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.
Property Marketing
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.
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
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!
More information request for Brokers
What else would you like to see on this page of faarmembers.com?