Frequently Asked Questions

A.  The LIBOR portion of the 2025 dues increased for the first time in 12 years, from $230 to $275.

A. The annual bill is e-mailed in late August to all individuals with a valid e-mail address.

A. Payment for the annual dues is due on September 30, 2024.

A.  LIBOR dues consist of local dues (LIBOR), New York State Association of REALTORS® (NYSAR) dues, and National Association of REALTORS® (NAR) dues.  LIBOR’s membership year is from October 1 through September 30 and NYSAR and NAR’s membership year is from January 1 through December 31.

A. .In addition to the OneKey® MLS Stratus platform, there are a variety of discount programs and benefits available to members. A list is available on our web site, by clicking here

A. No, you would not be eligible for a pro-rated amount. Dues are not pro-rated if you renew within the same membership year.

A. All inquiries can be emailed to LIBOR Membership at libormem@lirealtor.com .

A. Dues for 2025 are $596.00 for every Designated REALTOR® (DR) and an additional $596.00 for each licensee that the broker sponsors. Also, for each new LIBOR Member Applicant, a one-time New Agent Processing Fee of $25.00 is required with their initial dues payment. LIBOR dues are pro-rated every month. The pro-rated schedule is as follows

 

A. No. LIBOR relies on it members to keep us updated on changes of association, terminations and new licensees. DOS is consulted but does not notify us directly. Designated REALTORS® are required to notify LIBOR of any additions, changes, or terminations of licensees within 10 days of occurrence.

A.  No. All affiliated licensees must be registered with LIBOR.

A. Terminations: submit to LIBOR a copy of the “Terminate Associations-Summary” confirmation page from the Department of State. Please note: Request Termination-Summary pages are not complete terminations, and we will not be able to remove a licensee until we receive the “Terminate Associations-Summary” confirmation page. There is no fee for this. 

Expiration of License: if an affiliated licensee’s license expires and you are not renewing it, we strongly advise that you terminate the license via eAccessNY and send LIBOR the “Terminate Associations-Summary.”

Changes of Association: submit to LIBOR a copy of the “Change Associations-Summary” from the Department of State. Please note the department of state charges a fee for this.

Newly Licensed Agent: submit to LIBOR a completed REALTOR® application and an appropriate dues payment. Membership in LIBOR will be considered a “Provisional Membership” until the applicant has completed the required New Member Orientation Program and the Fairhaven simulation.  New Members have 90 days from the date their application has been processed to complete both requirements.

Our REALTOR^® application is available here

 

A. If your real estate license expires, you will no longer be considered an active member with LIBOR and your access to MLS will be suspended pending renewal.

A. Please e-mail us at libormem@lirealtor.com with your new expiration date.  You may also call us at 631-661-4800, voice mail option 5.

A. For access to OneKey® MLS and the STRATUS platform you must be a Designated REALTOR® Broker in good standing with a REALTOR® Association or a licensee who is affiliated with a Member Broker, and a member in good standing of a REALTOR® Association.

A. Office address changes must be made on DOS’ eAccessNY site.  To do so, please log into your eAccessNY account by clicking  here. 

Print out a copy of the confirmation page and submit it to LIBOR, Attention: Debbie Colombo dcolombo@lirealtor.com. 

A. You may change your own personal information online at www.lirealtor.com. Click Login then enter your LIBOR Member ID and current password.  Click My Account, followed by Go to My Profile. Once there, click Personal Services, then Personal Information.  Scroll down to Home Address and make your change. You may also send an e-mail to libormem@lirealtor.com.

If you have changed your name on your real estate license, please e-mail imssupport@lirealtor.com.

Albany - (518) 474-4429
Manhattan – (212) 417-5800

A. 

eAccessNY@dos.ny.gov or licensing@dos.ny.gov

For all other inquiries please contact us at libormem@lirealtor.com