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Only a strong unified
real estate industry can succeed for the benefit of its individual
members.
The Frederick County Association of REALTORSŪ, Inc., under the
umbrella if the National Association of REALTORSŪ, is the
professional trade association that represents your industry and is
the VOICE for real estate. Support through your membership is
crucial to our success.
Of utmost importance, the FCAR is your Association, providing
the programs and services that you as a professional in the industry
want and need. FCAR is the hub, creating services to meet your needs
on the local level, and provides the link between the state and
national services as well. This hub is effective only because of the
commitment and active involvement of its members.
Take advantage of the benefits of membership. Support your local
association and stand behind the organization, the NAR, that
supports your industry.
INTERESTING FACTS FOR
BECOMING A FCAR REALTORŪ MEMBER
Before becoming a
REALTORŪ or an FCAR Member, a person must attend approximately 60
hours or 4-5 weeks of Real Estate school. There are many schools to
choose from in the Frederick area. The approximate cost of RE
school is $199, which includes the class and books. Once you have
passed the class then it is time to pass the Maryland PSI Real
Estate Test. Once you have passed the test, it is time to decide
which Brokerage Office (unless you have already signed up). Now it
is time to order your license from DLLR, which is $110. The Broker
you decide to sign with will require you to purchase E and O
Insurance (Errors and Omissions Insurance).
Now it is time to join
your REALTORŪ Association.
The cost of becoming a
Frederick County Association of REALTORSŪ Member varies through out
each year. This means that the price is pro-rated beginning in
February of each year. If an Agent joins during the months of
November-January the cost would be $694.00. This covers $150
application fee, $235 local FCAR Dues, $194 MAR State Dues and $115 NAR (National) Dues.
The rest of the months
are pro-rated as follows:
Feb
$628.58
Mar $621.92
Ap. $615.25
May $477.83
Jun $471.17
Jul $464.50
Aug $399.08
Sep $392.42
Oct $385.75
If an Agent belongs to
another Association, and would like to become a Secondary or Affiliate Member
with FCAR, and providing Agent’s Broker is a member, the rates are
as follows:
Nov-Jan $385.00
Feb-Apr $326.25
May-Jul $267.50
Aug-Oct $208.75
SENTRILOCK
A new member can lease a Sentrilock Card
before they are scheduled for Orientation.
The Sentrilock Card can be leased at a
cost of $90.10 per year. The Sentrilock Card is warranted as long
as you have your card. Sentrilock will invoice you each March for
the next year. Agents that terminate their membership with FCAR
must return the Sentrilock Card and card reader to the Board Office.
If the card is lost, it can be replaced at the FCAR office for a
cost of $7.50 plus tax.
MRIS
Now it is time to join MRIS,
(Metropolitan Regional Information System) This online real estate
information system charges $295 Application Fee, and then they
charge $165 per quarter. You enter into a subscription agreement.
MRIS is a complete system offering many products and services
www.mris.com. |