Frequently Asked Questions

A.  LIBOR dues for 2024 have not increased. However, the National Association of REALTORS® Dues portion has increased from $150 to $156. 

A. The bill is emailed in late August.  An invoice is sent to the Broker and every active Licensee affiliated with that Broker.

A. By September 29^th

A.  LIBOR dues consist of local dues (LIBOR), state dues (NYSAR) , and national dues (NAR).  By paying your dues you automatically become a member of all 3 associations.  LIBOR’s membership year is from October 1 through September 30 and NYSAR and NAR’s membership year is from January 1 through December 31.

A. In addition to the OneKey® MLS Stratus platform, there are a variety of discount programs and benefits available to members. A list is available on our web site, in Member Benefits.

A. No, you would not save any money. Dues are not pro-rated if you renew within the same membership year.

A. Send an email to LIBOR Membership at libormem@lirealtor.com.

A. Dues for 2024 are $551.00 for every Designated REALTOR® (DR) and an additional $545.00 for each licensee that the broker sponsors. Also, for each new LIBOR Member Applicant, a one-time New Agent Processing Fee of $25.00 is required with their initial dues payment. LIBOR dues are pro-rated every month. The pro-rated schedule is as follows

 

A. No. LIBOR must rely on its members to keep us updated on changes of association, terminations and new licensees. DOS is consulted but does not notify us directly. Designated REALTORS® are required to notify LIBOR of any changes within 10 days of occurrence.

A.  Yes. All affiliated licensees must be registered with LIBOR.

A. Terminations: submit to LIBOR a copy of the “Terminate Associations-Summary” confirmation page from the Department of State. Please note: Request Termination-Summary pages are not complete terminations, and we will not be able to remove a licensee until we receive the “Terminate Associations-Summary” confirmation page. There is no fee for this. 

Expiration of License: if an affiliated licensee’s license expires and you are not renewing it, terminate the license via eAccessNY and send LIBOR the “Terminate Associations-Summary.”

Changes of Association: submit to LIBOR a copy of the “Change Associations-Summary” from the Department of State. The fee for this is $20 per licensee.

Newly Licensed Agent: submit to LIBOR a completed REALTOR® application and an appropriate dues payment. Membership in LIBOR will be considered a “Provisional Membership” until the applicant has completed the required New Member Orientation Program and the Fairhaven simulation.  New Members have 90 days from the date their application has been processed, to complete both requirements.

Our REALTOR^® application is available here

 

A. No. If your license expires, you will no longer be considered an active member with LIBOR and your access to MLS will be suspended pending renewal.

A. Please e-mail us at libormem@lirealtor.com with your new expiration date.  You may also call us at 631-661-4800, voice mail option 5.

A. Access to OneKey® MLS and the STRATUS platform are benefits available only to members of LIBOR or another REALTOR® Board. To gain access to Stratus you must be a Designated REALTOR® Broker in good standing with a REALTOR® Board or a licensee who is affiliated with the Member Broker.

A. You must log on to https://dos.ny.gov to make this change. Print out a copy of the confirmation page and submit it to LIBOR, Attention: Debbie Colombo dcolombo@lirealtor.com.

A. You may change your own personal information online at www.lirealtor.com. Click Login, then My Account, followed by Go to My Profile. Once there, click Personal Services, then Personal Information.  Scroll down to Home Address and make your change. You may send an e-mail to libormem@lirealtor.com.

Please e-mail imssupport@lirealtor.com if you have changed your name on your real estate license.

Albany - (518) 474-4429
Manhattan – 212 417-5800

A. 

eAccessNY@dos.ny.gov

licensing@dos.ny.gov

For all other inquiries please contact us at libormem@lirealtor.com