Dues Schedule For New Members

Each year LIBOR’s Board of Directors meets to determine what the dues will be. Dues for 2017 are $485.00 for every Designated REALTOR® and an additional $485.00 for each licensee that the broker is sponsoring. If the DR is a Participant in the Multiple Listing Service of Long Island, Inc., there is an additional annual MLS Licensee Fee of $110.00 charged to each agent. Also, for each new LIBOR Member Applicant, there is a one-time New Agent Processing Fee of $25.00 required with their initial dues payment. LIBOR dues are pro-rated on a monthly basis for those who are activated after September 30th. The pro-rated schedule is as follows:


EFFECTIVE DATE OF LICENSE BALANCE OF 2016 NAR/STATE DUES * 2017 ANNUAL DUES MLS LICENSEE FEE NEW AGENT PROCESSING FEE TOTAL DUES OWED
Oct 1-31 $87.50 $485.00 $110.00 $25.00 $707.50
Nov 1-30 $70.00 $465.92 $100.83 $25.00 $661.75
Dec 1-31 $52.50 $446.83 $91.67 $25.00 $616.00
Jan 1-31 $0.00 $427.75 $82.50 $25.00 $535.25
Feb 1-28 $0.00 $390.34 $73.33 $25.00 $488.67
Mar 1-31 $0.00 $352.91 $64.17 $25.00 $442.08
Apr 1-30 $0.00 $315.50 $55.00 $25.00 $395.50
May 1-31 $0.00 $278.09 $45.83 $25.00 $348.92
Jun 1-30 $0.00 $240.66 $36.67 $25.00 $302.33
Jul 1-31 $0.00 $203.25 $27.50 $25.00 $255.75
Aug 1-31 $0.00 $165.84 $18.33 $25.00 $209.17
Sep 1-30 $0.00 $128.41 $9.17 $25.00 $162.58

* The National Association of Realtors and the New York State Association of Realtors membership year runs from January 1st to December 31st.

Questions? Please visit our Frequently Asked Questions Page.