BIC TIP #1315: NC REALTORS Dues Increase
There is a dues increase coming. Stephen Long, your Notorious BIC, had the privilege of representing brokers from across the state at the recent board of directors meeting for North Carolina REALTORS, where a $25 annual state dues increase was on the table. The result: your state dues will go up by $25 next year, and Stephen says it is worth every penny.
The First Bump in Years
State dues have not been raised in years. Costs for everything else have gone up in that time, and the association has kept delivering services without asking members for more.
A modest increase helps keep those services strong. Stephen wanted brokers to hear about it now, so nobody is surprised when the dues bill arrives.
What Your Dues Actually Buy
Many brokers do not realize how much they get from their state association. Your state dues are where your forms come from, the standard documents you use in nearly every transaction. They are where your legal hotline comes from, which can save you from a costly mistake with one phone call.
And that is just the start. There are many additional benefits tied to state dues. In Stephen’s words, the value is bananas.
More Than Your Fair Share
According to Stephen, members are getting more than their fair share of services from those dues, even if they do not know it. Before you grumble about the increase, take a look at what the association provides and how often you rely on it.
Better yet, use those benefits. If you have never called the legal hotline or explored what else is available, now is a great time to start getting your money’s worth.
The Practical Takeaway
Budget for a $25 increase in your state REALTOR dues next year. Then make sure you are taking full advantage of what those dues provide, from forms to the legal hotline and beyond. A dues increase is easier to swallow when you know exactly what you are getting for it.
This BIC Tip is general real estate education for licensees and consumers, not legal, tax, or financial advice. Rules and forms change, so verify current NCREC rules, MLS rules, and standard forms, and consult a North Carolina attorney or qualified professional about your specific situation. See Disclaimers & Disclosures.
