Q: Did the 2019/2020 REALTOR® dues and MLS fees increase?
A: Yes. Illinois REALTORS® dues have increased by $16 total, with $6 as part of an automatic annual dues increase of three (3) percent starting in 2014 and a $10 increase in advocacy program funding.
Additionally, CAR has increased our local portion by $3 and MLS portion by $4, in line with the All Urban Consumers Consumer Price Index.
Q: Why am I receiving billing information so soon? I just made a payment in February.
A: You asked, and we listened! You expressed interest in having a longer period of time to submit dues payments, as well as smaller payment amounts. For 2020, if you are opted into a payment plan, the timeline has extended from six (6) months to nine (9) months, with each payment totaling under $250. The billing period will begin during the summer, in response to your feedback that you’d like to make payments towards your dues when there is more market activity.
Q: Are the summer payments mandatory? Is this new?
A: This is a new format we’re enacting in response to member feedback. It is totally up to you whether you take advantage of the opportunity to submit payments over the summer. If you choose not to submit the summer payments, your October payment will total three payments in full. Please plan accordingly.
Q: Are all of the installments equal payments?
A: No, in order to offer you smaller, more mangeable payments, the installments are not equal. More information on how the payment break down is available here.
- Broker Dues & Fees
- Managing Broker Dues & Fees
- Leasing Agent Dues & Fees
- Designated Appraisal Dues & Fees
- Appraiser Dues & Fees
Q: Will I be able to pay my dues in full?
A: Yes. We provide you the option to either pay in full or, for an additional fee of $60, stretch your payments out over nine (9) months through a payment plan. Paying in full will save you the $60 additional fee, and you won’t hear from us about dues payments until this time next year.
Q: How are the payments structured for this billing?
A: You can pick the structure that works best for you! You may opt to pay in full by Monday, July 8, 2019, or for an additional $60 fee, you may opt to stretch your total invoice into six (6) payments over nine (9) months, with all invoices being due upon receipt. Please note: there are no payments due during the December holidays. The invoice posting dates and due dates are as follows:
|Posting||Due upon receipt, payable by:|
Q: How was my invoice structure decided?
A: We offer you two chances to pick your plan. If you do not respond, you will be invoiced in the same manner as you paid your 2018/2019 dues. If you paid in full, that is how you will be invoiced. If you made installment payments, that is how you will be invoiced. If you want to change your plan, you may do so before Thursday, May 30, 2019.
Q: How will I be invoiced?
A: You will be invoiced electronically via your Member Account on ChicagoREALTOR.com.
Those members opting for a paper invoice will receive it via US Postal Service. Please note: there is a $5 per installment/up to $30 total fee to receive paper invoices.
You may change your billing preference by logging on to My Account to change your Billing Preference.
Q: If I decide to pay in full, when will the invoice be posted to my account at ChicagoREALTOR.com?
A: The invoice will be posted to your account no later than June 8th; the invoice is due upon receipt. Once you have paid your balance in full, you won’t owe anything until next year. If you choose the pay in full option but do not remit payment prior to October 1st, your membership, including MLS services, will be suspended immediately until payment is made and you will be assessed a $30 late fee.
Q: If I choose the payment plan option with six installments, when will payment be due?
A: Invoices are due upon receipt, payable by the following dates. Failure to pay invoices by the starred** dates will result in immediate suspension of membership, including MLS services, along with a $30 late fee for each late invoice.
Remember: if you choose not to submit the July and August payments, your October payment will total three payments in full. Please plan accordingly.
- July 8
- Aug 12
- October 1**
- November 15**
- January 17**
- February 28**
Please note: there are no payments due during the December holidays
Q: What dues and fees are included in these invoices?
A: Each invoice is broken down to reflect six payments which cover your CAR, Illinois REALTORS® and NAR Dues and MRED MLS Fees for the fiscal year (October 1, 2019 – September 30, 2020). Note that your invoices will include a recommended investment for RPAC, CAR Foundation, and Real Estate Education Foundation. There are no payments due during the December holidays.
Q: Can I make my payments online?
A: Yes, through ChicagoREALTOR.com’s “My Account.”
You can also:
- Pay by phone by contacting our Member Care Department at 312.803.4900
- Mail in your payment
- Drop it off in person at our Central (8 AM – 5PM Monday – Fridays) or West Towns offices (Tuesdays and Thursdays from 9 AM-12 PM and 1 PM-4 PM only).
Q: If I make a credit card payment by phone and it is declined by phone, will I still be assessed a $40 NSF fee?
A: No. If you attempt to pay by phone or via the Internet and your card is declined, there will not be a service charge. The only time that you will be assessed this charge is if your credit card on-file is declined.
Q: Will my managing broker be notified if I miss a payment?
A: Yes. Your managing broker will be notified every time your account is late and/or has been suspended.
Q: Do I have to pay dues to NAR and Illinois REALTORS®?
A: Yes. To belong to a local association such as CAR, a REALTOR® must also join Illinois REALTORS® and the National Associations of REALTORS®. Local associations collect the dues for State and National.
Q: Why should I contribute to RPAC?
A: RPAC ensures your issues and concerns remain at the forefront of public policy makers and government officials who can shape how you do business. RPAC covers Federal and State elections with a portion shared with the local Association.
Q: Are RPAC Investments tax deductible?
A: 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 decision not to contribute. You may refuse to contribute without reprisal. Up to thirty percent (30%) of each contribution may be sent to National RPAC to support federal candidates and is charged against your limits under 2 U.S.C. 441a. A copy of RPAC’s report filed with the State Board of Elections is (or will be) available on the Board’s official website www.elections.il.gov or for purchase from the State Board of Elections, Springfield, Illinois. Except as may be required by state or federal law, the Illinois REALTORS® PAC (Illinois RPAC) is not required to refund political contributions. However, a refund request made by a contributor within 30 days of the date his or her RPAC contribution is received will be considered on a case-by-case basis.
Q: Why should I contribute to Chicago Association of REALTORS® Foundation?
A: The Chicago Association of REALTORS® Foundation provides scholarships to REALTORS® for NAR designations, post-licensing classes, and higher education. The Foundation also offers pre-licensing scholarships to individuals looking to begin a career in real estate. Since the inception of the scholarship program in 2007, about $380,000 has been awarded to over 260 individuals. Many of these scholarships supports veterans, minorities looking to enter commercial real estate, property management, advocacy interests, the Young Professionals Network, female REALTORS® and more. In 2014, the Foundation expanded to become the charitable and research arm of the association. Since this addition, the Foundation has donated close to $400,000 to local organizations and institutions with a housing and/or community-based mission. To view all available scholarships and grants, click here.
Q: Is my contribution to Chicago Association of REALTORS® Foundation tax deductible?
A: The CAR Foundation is a 501(c)3 charitable organization and so contributions may be tax deductible depending upon your tax situation. We recommend you contact your tax advisor to determine if a contribution will be deductible in your individual situation.
Q: What is the Illinois Real Estate Educational Foundation (REEF)?
The Illinois Real Estate Educational Foundation (REEF) awards scholarships to students of real estate and related fields of study at colleges and universities both within and outside Illinois, to candidates of the Graduate, REALTOR® Institute (GRI) of Illinois program, and to those furthering their knowledge in the field of association management and leadership. The Foundation is supported through the voluntary contributions of those who recognize the importance of furthering academic experience and training in the real estate industry in Illinois.
Q: Do I have to pay the recommended amount for the voluntary contributions to RPAC, the Foundation & Illinois Real Estate Educational Foundation?
A: You can decide what amount you would like to contribute; however, the suggested minimum amounts greatly support the work CAR does on your behalf.
We are recommending that managing brokers and designated appraisers contribute $50 for RPAC, $20 for Chicago Association of REALTORS® Foundation and $5 for Illinois Real Estate Educational Foundation.
We are recommending that brokers, leasing agents, and appraiser members contribute $35 for RPAC, $20 for Chicago Association of REALTORS® Foundation and $5 for Illinois Real Estate Educational Foundation.
Q: Are dues and fees ever refundable?
A: Refunds will be granted only in accordance with the CAR Refund Policy. If you are hesitant about remaining active for the 2019/2020 year, please contact a Member Care Specialist for more information regarding our refund policy prior to making your payment, as it is possible that you may not qualify for a refund.
Q: Will I be charged a fee if I pay by check and it is returned for insufficient funds?
A: Yes. You will be assessed a $40 fee anytime a check is returned for insufficient funds. This fee, along with the original amount of the check, will need to be paid prior to the suspension dates. Additionally, if your account becomes suspended for non-payment, an additional $30 late fee will need to be paid in order to have your services reactivated.