A. Dues for 2023 are $545.00 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
EFF DATE OF LICENSE | BALANCE OF 2022 NAR/NYSAR DUES | 2023 ANNUAL LIBOR DUES | LIBOR NEW AGENT PROCESSING FEE | TOTAL FEES OWED |
Oct 1-31 | $97.50 | $545.00 | $25.00 | $667.50 |
Nov 1-30 | $76.67 | $525.92 | $25.00 | $627.59 |
Dec 1-31 | $55.83 | $506.83 | $25.00 | $587.66 |
Jan 1-31 | $0.00 | $487.75 | $25.00 | $512.75 |
Feb 1-28 | $0.00 | $446.17 | $25.00 | $471.17 |
Mar 1-31 | $0.00 | $404.58 | $25.00 | $429.58 |
Apr 1-30 | $0.00 | $363.00 | $25.00 | $388.00 |
May 1-31 | $0.00 | $321.42 | $25.00 | $346.42 |
Jun 1-30 | $0.00 | $279.83 | $25.00 | $304.83 |
Jul 1-31 | $0.00 | $238.25 | $25.00 | $263.25 |
Aug 1-31 | $0.00 | $196.67 | $25.00 | $221.67 |
Sep 1-30 | $0.00 | $155.08 | $25.00 | $180.08 |
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 mandatory New Member Orientation Program. New Members have 90 days from the date of their application to LIBOR to complete the course. As of January 1, 2023, new applicants must also satisfy NAR’s Fairhaven Simulation in addition to satisfying New Member Orientation. The REALTOR® application is available here.
A. You may change your own personal information online at lirealtor.com. All you need to do is click Login, then My Account, followed by Go to My Profile. Once there, click Manage My Account, then scroll down to Home Address. You can also make payments on this page, as well as RPAC contributions, and also track your LIBOR education history.