2018 REALTOR® Membership Renewal Dues

2018 membership dues will be invoiced in early September.

Pay your dues online (login with your IMLS Paragon credentials) or call 208-376-0363 to pay by phone or with questions.

Payment is due by Friday, December 29, 2017, to avoid a $100 late fee.  And don’t forget… your annual REALTOR® dues are not set up as an auto debit like your quarterly IMLS fees.

Here’s a breakdown of your 2018 dues invoice:

  • Boise Regional REALTORS® Dues — $200
  • Idaho REALTORS® Dues — $180
  • National Association of REALTORS® Dues — $155
    • Are you taking advantage of your REALTOR® benefits?
      We encourage you to incorporate the benefits you have access to through Boise Regional REALTORS®, Idaho REALTORS®, and the National Association of REALTORS®, into your business plans. While we offer a variety of programs and services, below are five member benefits we hope you’ll take advantage of.
      1. Two Idaho Commission CORE courses per licensing cycle for free ($50 value each) and free lunch at our monthly Lunch & Learn sessions. View our Upcoming Classes page for dates and details.
      1. Free social media content from the National Association of REALTORS® “Get REALTOR®” initiative, REALTOR.com’s “Learn with Liz” video series featuring Elizabeth Banks, Idaho REALTORS® “Empower the R” campaign, and, through Boise Regional REALTORS® Facebook, Twitter, and Content Corner. Share, repost, and repurpose anything you’d like from these sources!
      1. Free market reports, videos, and analyses about real estate activity in Ada and Canyon counties updated monthly for you to use in your research, presentations, and communications.
      1. Free quarterly events featuring local experts and national speakers, providing insights on the housing market, economy, and legislative issues.
      1. Discounts and exclusive offers on products and services from Sprint, Jeep, FedEx, Dell, and much more, through NAR’s REALTOR® Benefits Program, and competitive prices on open house and rider signs in BRR’s REALTOR® Store.

      We know how busy you are each day, and how you don’t always have time to research what’s going on at the association — or to look beyond the great tools you get through Intermountain MLS. So again, we encourage you to incorporate the benefits noted above, and others, into your business plan and practices to get the most out of your membership and dues investment!

      Contact us if there’s something you’d like to know more about — and visit boirealtors.com anytime for resources, news, and upcoming events.

      2016 REALTOR Benefits Infographic-White Bkgrd

  • REALTORS® Political Action Committee (RPAC) Suggested/Voluntary Investment* — $30 for REALTORS® and Appraisers; $99 for Designated REALTORS®/Brokers
    • Learn more about Investing in RPAC
      Any contribution made to the REALTOR® Political Action Committee (RPAC) is completely voluntary and may be declined without reprisal by the Association. Your investment in RPAC gives the industry a voice with your elected officials and important legislative actions that can significantly impact your business and clients. All RPAC investments made via dues billing are earmarked for 2018 fundraising goals. Questions about RPAC? Contact BRR Director of Government Affairs Soren Dorius. 
  • New in 2018! BRR Foundation Suggested/Voluntary Donation* — $5
    • Learn more about the BRR Foundation
      Your voluntary donation to the Boise Regional REALTORS® Foundation helps to improve the quality of life in the Boise region through housing-related projects and grants.  Through the support of BRR members, the BRR Foundation directly impacts access to housing in our community. Since its inception in 1995, the BRR Foundation has provided over $1.7 million in grants to qualifying non-profit organizations throughout Ada County. Questions about the BRR Foundation? Contact BRR Director of Events and Community Engagement Shari FernandezAny contribution made to the BRR Foundation is completely voluntary and may be declined without reprisal by the Association. 

* To edit the amounts for RPAC and the BRR Foundation, simply click “EDIT” on the Order Summary page before clicking “Pay Now.”

Rules for Deductibility

100% of donations made to the BRR Foundation are tax-deductible since the foundation is a 501(c)3 organization.

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 a decision not to contribute.  You may refuse to contribute without reprisal. For investors, 70% of each contribution is used by State PAC to support state and local political candidates and 30% is sent to National RPAC to support federal candidates and is charged against your limits under 52 U.S.C. 30116.

Note 1:  The Legal Review and Issues Mobilization Fund is used to support legal services for the REALTOR® organization including, but not limited to assistance in court cases and issue campaigns with potential statewide significance.

Note 2:  Your 2018 dues include a $35.00 mandatory assessment by NAR to fund a nationwide public consumer advertising campaign that includes TV network and Cable ads that highlight the value a REALTOR® brings to a transaction and stressing the importance of using a REALTOR®.

Compliance with the Tax Reform Act of 1993 requires that a portion of dues attributable to lobbying and political activities at the State and Federal levels of government be considered non-deductible for income tax purposes.

For 2018, with dues at $155 per member, NAR computes 43% or $52 to be nondeductible for income tax purposes due to NAR lobbying efforts. Please note the entire $35 Public Awareness Campaign special assessment (which is included in the $155 sum) qualifies as fully deductible. The non-deductible portion of 2018 Idaho REALTORS® State dues is $42.50. $137.50 is deductible (the $10 Legal Review Fee and $127.50 of the IR dues). For 2018, with dues at $200 per member, the full $200 for Boise Regional REALTORS® dues qualifies as fully deductible, since none of it is used for lobbying efforts.

NOTE: Boise Regional REALTORS® and its affiliates do not provide tax, legal, accounting, or financial advice. This has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, accounting or financial advice. You should consult your own tax, legal, accounting, or financial advisors about your specific situation. 

 

Why are BRR dues up $5?
Like any business, BRR’s operating costs aren’t immune to the market. As prices of supplies, professional services, health insurance premiums, etc., increase, so do the line items in the association’s budget. Last year, the Board of Directors adopted a policy to use a Consumer Price Index (CPI) Based Dues Formula to provide a method for evaluating our annual dues amount, in relation to the changing prices of goods and services. Using this formula, it was determined that a 2.5% increase was warranted. And while small dues increases are meant to help with annual operations, BRR is also diligent with our finances to ensure we have the resources necessary to provide you with services under all market conditions. This means building and maintaining adequate financial reserves. To that end, a minimum of 5% of dues goes directly into reserves to ensure the long-term financial stability and solvency of BRR. If you have any questions about this, please don’t hesitate to contact your BRR Treasurer Danielle Cullip or Chief Executive Officer Breanna Vanstrom. Thank you for your continued membership! 

 

If you have further questions about dues billing or what your dues pay for, please visit our Dues Billing FAQs page.