If I become a REALTOR®, do all my licensees also have to be REALTORS®? | cciaor

If I become a REALTOR®, do all my licensees also have to be REALTORS®?

No. However, per the National Association of REALTORS® DR Dues Formula, the Designated REALTOR® (DR) of a firm is responsible for a dues assessment equal to the number of individuals licensed with that DR. In other words, all active real estate licensees working under a DR must also be REALTORS® (and pay dues) or the DR is required to pay a non-member assessment per licensee which is equivalent to the cost of REALTOR® membership. Note that all active licensees, including licensed assistants, are included in the DR Dues Formula. The only exception to the NAR DR Dues Formula are for agents who are Licensed for Referral Only Companies and qualified Mortgage Loan Originators. Please refer to the DR Dues Formula FAQ for more information.