Frequently Asked Questions

A. The annual bill is e-mailed in late August to all individuals with a valid e-mail address.

A. LIBOR’s membership year runs from October 1 through September 30, while NYSAR and NAR operate on a calendar year, January 1 through December 31.

A. LIBOR dues are comprised of three components: local dues (LIBOR), state dues through the New York State Association of REALTORS® (NYSAR), and national dues through the National Association of REALTORS® (NAR).

A. The total cost of your dues is $596.  The breakdown is as follows:

• Long Island Board of REALTORS® (LIBOR) dues: $275
• New York State Association of REALTORS® (NYSAR) dues: $120
• National Association of REALTORS® dues: $201($156 plus $45 special assessment)

A. You may pay using any of the following options:

• Online: Visit www.lirealtor.com and click Pay My Bill.
• Phone: Call 631-661-4800, option #5, to pay with a credit/debit card.
• Check: Make check payable to LIBOR and mail to 1305 Walt Whitman Road, Suite 310, Melville NY 11747 Attn: Membership Services.

A. Yes.  LIBOR will email your receipt at the time of payment to the email address on file. Please refer to your invoice for details on the portion of dues that are non‑deductible due to lobbying and political activities.

A. Yes, however, installment payments are not available online.  To set up an installment plan, please contact the LIBOR Membership Services Team at 631-661-4800, option #5.

A. No. REALTOR® membership dues are non‑refundable, even if you leave the association mid‑year. Per LIBOR’s by‑laws, dues across all membership categories are non‑refundable.

A. No — REALTOR® membership is a three-way membership structure. When you join your local REALTOR® association, you automatically become a member of New York Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).

This “Three-Way Agreement” is what connects REALTORS® nationwide under one professional standard — the REALTOR® Code of Ethics — and provides shared benefits, advocacy, and resources across all levels of the organization.

Each level plays a unique role in your membership. Together, these three levels form one unified membership — ensuring REALTORS® have a powerful, consistent voice and professional support system across the entire real estate industry.

A. LIBOR REALTOR® membership and OneKey® MLS access serve different — but complementary — purposes in your real estate career.

LIBOR membership connects you to your state, and national REALTOR® organizations. When you join Long Island Board of REALTORS®, you become part of a professional network dedicated to helping you succeed through education, advocacy, and compliance support. 

LIBOR’s mission goes far beyond providing access — it’s about elevating your professionalism and protecting your business.

MLS access, by contrast, is a transaction tool — it lets you list and search properties, share data, and cooperate with other brokers. It supports your day-to-day business, while LIBOR supports your professional growth, compliance, and long-term success.

In short, the MLS helps you conduct business — LIBOR helps you build a better one.

A. Your membership at the local, state, and national level provides benefits and services that far exceed the cost of your dues.  LIBOR helps you get to, and execute, your next transaction, reduce your risk and liability, promote the REALTOR® brand to consumers, provides exclusive resources and advocate for laws that benefit you and your clients.  Members have access to a wide range of benefits, discount programs, and savings opportunities. A full list is available on our website here.

As a member, you also benefit from:

• Ethical and professional standards through the REALTOR® Code of Ethics, which builds client trust and industry credibility and sets your apart from nonmembers in the eyes of consumers.
• Legal and risk management guidance to help you stay compliant and confident when navigating laws, contracts, and regulations.
• Legal Support Center, legal updates and legal tips.
• Education, certification, and training programs that keep you current with market trends, fair housing, and best practices.
• Advocacy and government affairs that protect your livelihood, defend property rights, and strengthen the real estate profession.
• Timely communications and market intelligence that keep you informed and ahead of industry changes.
• Local networking and committee opportunities.
• Community outreach
• Statewide and National community of real estate practitioners.
• Expert real estate research and data to help serve clients and consumers with confidence.
• Cutting-edge tools, technology and MLS resources that make it easier for you to get to and execute your next transaction.
• A national and global network of professionals to build your referral partnerships.
• Advanced resources and tools such as Crexi and RPR – the most cutting-edge real estate platform.
• Unmatched accreditations and designations to build your credibility and advance your career.
• The right to use the REALTOR® trademark.
• And Much More!

Membership is an investment in your career, and these services give you the opportunity to grow professionally, stay competitive, and connect with the community.

A. Yes. To access OneKey® MLS and the Matrix platform, you must be a Designated REALTOR® Broker in good standing with any REALTOR® Association, or a licensee affiliated with a Designated REALTOR® Broker who participates in OneKey® MLS. Membership in LIBOR is one way to meet this requirement, but you may also join through another REALTOR® Association.

A. LIBOR dues are prorated monthly to reflect the portion of the membership year remaining. In addition, each new LIBOR Member Applicant is required to pay a one‑time New Member Processing Fee of $35.00 with their initial dues payment. The prorated schedule is as follows:

A. No. LIBOR relies 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®(Brokers) are required to notify LIBOR of any additions, changes, or terminations of licensees within 10 days of occurrence.

A. No. 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, we strongly advise that you 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. Please note the department of state charges a fee for this.

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.

A. No. If your real estate license expires, your LIBOR membership will no longer be active, and your MLS access will be suspended until your license is renewed.

A. Office address changes must be made on DOS’ eAccessNY site.  To do so, please log into your eAccessNY account by clicking  here. 

Print out a copy of the confirmation page and email to Debbie Colombo @ dcolombo@lirealtor.com. 

A. You may change your own personal information online at www.lirealtor.com. Click Login then enter your LIBOR Member ID and current password.  Click 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 also send an e-mail to libormem@lirealtor.com

If you have changed your name on your real estate license, please e-mail libormem@lirealtor.com

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

eAccessNY@dos.ny.gov or licensing@dos.ny.gov

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