REALTOR® Membership & MLS Dues FAQ's | Chicago Association of REALTORS®

Q: Did the 2018/2019 REALTOR® dues and MLS fees increase?

A: Yes, the National Association of REALTORS® dues increased by $30 to fund their S.M.A.R.T. Initiatives, for Strategic Measures Advancing REALTORS® to Tomorrow. A full breakdown of how your dues dollars are used to contribute to your success can be found here.

Illinois REALTORS® has increased by $6 as part of an automatic dues increase of 3% annually starting in 2014.

Additionally, CAR has increased our local portion by $6 which is a 2.2% increase in line with the All Urban Consumers Consumer Price Index.

Q: Will I be able to pay my dues in full?

A: Yes. We provide you the option to either pay in full or, for an additional $48, stretch your payments out over six (6) months through a payment plan.

Q: How are the payments structured for this billing?

A: You will be given the opportunity to pick the structure that works best for you! You can opt to pay in full by Monday, October 1st, or you may opt to stretch your total invoice into four (4) equal payments over six (6) months, with the first invoice being due upon receipt. The invoice posting dates and due dates are outlined below.

Q: How will I pick my payment structure?

A: You will be invoiced in the same manner that you paid your 2017/2018 dues. If you paid in full, that is how you will be invoiced. If you made installment payments, that is how you will be invoiced. You will have the opportunity to change your plan up until August 24th, 2018.

Q: What if I don’t choose a payment option?

A: If you do not choose a payment option, you will then be opted into the plan which you chose for the 2017/2018 billing.

Q: How will I be invoiced?

A: You will be invoiced electronically via your Member Account on ChicagoREALTOR.com. Those members opting for a paper invoice will receive it via US Postal Service. Should you wish to receive a paper invoice, e-mail membership@chicagorealtor.com or visit www.ChicagoREALTOR.com and log on to My Account to change your Billing Preference. Please note: there is a $5 fee per installment to receive paper invoices.

Q: If I decide to pay in full, when will the invoice be posted to my account at ChicagoREALTOR.com?

A: The invoice will be posted to your account no later than August 31; the invoice is due upon receipt. Once you have paid your balance in full, you won’t owe anything until we bill for the next fiscal year. If you choose the pay in full option but do not remit payment prior to October 1st, your membership, including MLS services, will be suspended immediately until payment is made and you will be assessed a $30 late fee.

Q: If I choose the payment plan option with four installments, when will payment be due?

A: Invoices are due upon receipt. Failure to pay any of the invoices by the dates outlined below will result in immediate suspension of membership, including MLS services, along with a $30 late fee.

  • October 1st
  • November 13th
  • January 15th
  • February 28th

Q:  If my credit card is on file for the fees to automatically pay out, when will the money be deducted from my account?

  • If you have opted to pay in full, the full amount will be deducted on September 24th.
  • If you have opted for the installment plan, the following are the autopay deduction dates:
    • September 24th
    • November 6th
    • January 7th
    • February 18th
  • Should you wish to remove your credit card from our auto-pay system, please email membership@chicagorealtor.com. Please include your name and ID number.

Q:  What dues and fees are included in these invoices?

A:  Each invoice is broken down to reflect four equal payments which cover your CAR, Illinois REALTORS® and NAR Dues and MRED MLS Fees for the entire year (October 1, 2018 – September 30, 2019). Note that your invoices will include a recommended investment to RPAC, CAR Foundation, and IL REALTORS® Relief Fund. There are no payments due during the December holidays.

Q: Can I make my payments online?

A: Yes, through ChicagoREALTOR.com’s “My Account.”

You can also:

  1. Pay by phone by contacting our Member Care Department at 312.803.4900
  2. Mail in your payment
  3. Drop it off in person at our Central (8 AM – 5PM Monday – Fridays) or West Towns offices (Tuesdays and Thursdays from 9 AM-12 PM and 1 PM-4 PM only).
  4. Fax it in with your credit card information at 312.803.4905

Q: If I make a credit card payment by phone and it is declined by phone, will I still be assessed a $40 NSF fee?

A: No. If you attempt to pay by phone or via the Internet and your card is declined, there will not be a service charge. The only time that you will be assessed this charge is if your credit card on-file is declined.

Q: Will my managing broker be notified if I miss a payment?

A: Yes. Your managing broker will be notified every time your account is late and/or has been suspended.

Q: Do I have to pay dues to NAR and Illinois REALTORS®?

A: Yes. To belong to a local association such as CAR, a REALTOR® must also join Illinois REALTORS® and the National Associations of REALTORS® as well. Local associations collect the dues for State and National.

Q: Why should I contribute to RPAC?

A: RPAC assures that your issues and concerns remain at the forefront of public policy makers and governments who can shape how you do business. RPAC covers Federal and State elections with a portion shared with the local Association. Learn more about RPAC & its importance to your business.

 

 

Q: Are RPAC Investments tax deductible?

A: Contributions to RPAC are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or decision not to contribute. You may refuse to contribute without reprisal. Up to thirty percent (30%) of each contribution may be sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a. A copy of RPAC’s report filed with the State Board of Elections is (or will be) available on the Board’s official website www.elections.il.gov or for purchase from the State Board of Elections, Springfield, Illinois. Except as may be required by state or federal law, the Illinois REALTORS® PAC (Illinois RPAC) is not required to refund political contributions. However, a refund request made by a contributor within 30 days of the date his or her RPAC contribution is received will be considered on a case-by-case basis.

Q: Why should I contribute to Chicago Association of REALTORS® Foundation?

A: The Chicago Association of REALTORS® Foundation provides scholarships to REALTORS® for NAR designations, post-licensing classes, and higher education. The Foundation also offers pre-licensing scholarships to individuals looking to begin a career in real estate. Since the inception of the scholarship program in 2007, approximately $347,000 has been awarded to over 235 individuals. Many of these scholarships supports veterans, minorities looking to enter commercial real estate, the young professionals network and more.  In 2014, the Foundation expanded to become the charitable and research arm of the association. Since this addition, the Foundation has donated over $260,000 to several local, impactful organizations and institutions. To view all available scholarships and grants, click here.

Q: Is my contribution to Chicago Association of REALTORS® Foundation tax deductible?

A: The CAR Foundation is a 501(c)3 charitable organization and so contributions may be tax deductible depending upon your tax situation. We recommend you contact your tax advisor to determine if a contribution will be deductible in your individual situation.

Q: What is the Illinois REALTORS® Relief Foundation?

Established in 2015, the Illinois REALTORS® Relief Foundation (IRRF) can help those living in the state’s communities which have been affected by natural disasters. IRRF is a 501(c)(3) organization developed solely for the purpose of helping neighbors and clients in a time of need.  IRRF is occasionally able to partner with the National Association of REALTORS® Relief Foundation, allowing more money to go where it is needed most.

Q: Do I have to pay the recommended amount for the voluntary contributions to RPAC, the Foundation & Illinois REALTORS® Relief Foundation?

A: You can decide what amount you would like to contribute; however, we believe the suggested minimum amounts support the work of CAR on your behalf.

We are recommending that managing brokers and designated appraisers contribute $50 for RPAC, $20 for Chicago Association of REALTORS Foundation and $5 for Illinois Realtor Relief Fund.

We are recommending that brokers, leasing agents, and appraiser members contribute $35 for RPAC, $20 for Chicago Association of REALTORS Foundation and $5 for Illinois Realtor Relief Fund.

Q: Are dues and fees ever refundable?

A: Refunds will be granted only in accordance with the CAR Refund Policy. If you are hesitant about remaining active for the 2018/2019 year, please contact a Member Care Specialist for more information regarding our refund policy prior to making your payment, as it is possible that you may not qualify for a refund.

Q: Will I be charged a fee if I pay by check and it is returned for insufficient funds?

A: Yes. You will be assessed a $40 fee anytime a check is returned for insufficient funds. This fee, along with the original amount of the check, will need to be paid. Additionally, if your account becomes suspended for non-payment, an additional $30 late fee will need to be paid in order to have your services reactivated.

Contributions to RPAC are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or decision not to contribute. You may refuse to contribute without reprisal. Up to thirty percent (30%) may be sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a. A copy of our report filed with the State Board of Elections is (or will be) available on the Board’s official website www.elections.il.gov or for purchase from the State Board of Elections, Springfield, Illinois.
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