Dues Schedule For New Members

Each year LIBOR’s Board of Directors meets to determine what the dues will be. Dues for 2018 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 $125.00 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 2017 NAR/STATE DUES * 2018 ANNUAL DUES MLS LICENSEE FEE NEW AGENT PROCESSING FEE TOTAL DUES OWED
Oct 1-31 $90.00 $485.00 $125.00 $25.00 $725.00
Nov 1-30 $71.67 $465.92 $114.58 $25.00 $677.17
Dec 1-31 $53.33 $446.83 $104.17 $25.00 $629.33
Jan 1-31 $0.00 $427.75 $93.75 $25.00 $546.50
Feb 1-28 $0.00 $390.34 $83.33 $25.00 $498.67
Mar 1-31 $0.00 $352.91 $72.92 $25.00 $450.83
Apr 1-30 $0.00 $315.50 $62.50 $25.00 $403.00
May 1-31 $0.00 $278.09 $52.08 $25.00 $355.17
Jun 1-30 $0.00 $240.66 $41.67 $25.00 $307.33
Jul 1-31 $0.00 $203.25 $31.25 $25.00 $259.50
Aug 1-31 $0.00 $165.84 $20.83 $25.00 $211.67
Sep 1-30 $0.00 $128.41 $10.24 $25.00 $163.38

* 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.