Joining the Association of Realtors and the Multiple Listing Service (MLS) can seem daunting at first, but it’s a crucial step for any real estate professional. Whether you’re just starting or looking to expand your business, knowing how to navigate this process can make a big difference. Let’s break it down into easy-to-understand steps.
Why Join the Association of Realtors and MLS?
First off, why should you even consider joining these organizations? The MLS is a no-brainer for many. It allows you to search for properties for your buyers, set up alerts, and determine market values more accurately than public websites like Zillow or Redfin. Plus, MLS provides essential training on using their software and other tools that can make your life easier.
The Association of Realtors, often referred to as AOR, offers much more than just a fancy title. Think of it as your go-to resource for everything real estate. From comprehensive training programs to specialized software like the Realtors Property Resource (RPR), the AOR equips you with tools to succeed. They also provide access to essential contract forms, listing forms, and addendums, which are crucial for your daily operations.
Deciding Which AOR and MLS to Join
Choosing the right Association of Realtors and MLS can depend on several factors. Often, you won’t have much choice with the MLS as it’s usually tied to your geographical location. Most counties have one primary MLS that covers multiple areas.
When it comes to the AOR, things can get a bit more flexible. Some counties might have multiple associations. For example, in Santa Clara County, there are two primary associations: SCORE (Santa Clara County Association of Realtors) and SILVAR (Silicon Valley Association of Realtors). Your choice might depend on which local marketing meetings or tours interest you the most.
How to Join
Finding Your Local AOR
Start with a simple Google search using your county’s name followed by “Board of Realtors” or “Association of Realtors.” For instance, if you’re in El Dorado County, search for “El Dorado County Board of Realtors.” Most associations have user-friendly websites where you can find membership forms and details.
Filling Out Forms
Once you’ve located your local AOR’s website, download the membership application form. These forms usually require basic information such as your name, contact details, broker’s name, and office information. If you’re working with a team or company like mine, fill out your part but leave the office details blank—we’ll handle that for you.
Understanding Costs
Membership fees can vary based on when you join. Most associations prorate their annual fees based on the month you start. For example, if you join in January, you’ll pay more upfront compared to joining in December. Additionally, there are one-time initiation fees and ongoing costs like lockbox keys.
Here’s a rough breakdown:
– **Initial Setup Fee:** Around $200
– **Annual MLS Fee:** Approximately $875 if paid upfront
– **Lockbox Key Fee:** Between $20-$40 monthly
If you’re joining multiple boards or associations, expect additional costs.
Benefits Beyond Access
Joining these organizations isn’t just about accessing listings or getting forms; it’s about becoming part of a community that supports your professional growth. The AOR provides valuable market statistics that help you stay informed about trends not just locally but nationally. They also offer local marketing meetings where agents discuss listings and market conditions—great for networking and staying updated.
Tools You Get Access To
Realtors Property Resource (RPR)
One standout tool you’ll gain access to through the AOR is RPR. This software offers comprehensive data on properties across the United States, enabling you to run detailed market analyses and generate insightful reports.
MLSimport.com
The best tool when it comes with a building a website with properties from your MLS.
Lockbox Keys
Lockbox keys are another essential tool provided by the AOR. These aren’t physical keys but apps on your phone that allow you to access properties even when the owner isn’t there.
Making an Informed Choice
When deciding which AOR to join if you have multiple options in your area, consider where you’ll be doing most of your business. Look at the marketing meetings each association offers and see which ones align with your target markets.
Final Steps
Once you’ve filled out all necessary forms and decided on an association:
1. Submit your application.
2. Pay any required fees.
3. Attend any mandatory orientation sessions.
4. Start making use of all the tools and resources available to you!
Joining the Association of Realtors and the MLS is more than just a formality—it’s an investment in your career. With access to valuable resources and a supportive community, you’ll be well-equipped to thrive in the competitive world of real estate.
Feel free to reach out if you have any questions or need assistance with your application process!
Thank you for reading!
Table of Contents
