$17 Dedicated to REALTOR® Party Programming:

• Federal Issues Advocacy – 25% of the increase is allocated to federal advocacy
• State and Local Issues Mobilization Fund – 75% of the increase is allocated to state and local services

$13 Dedicated for Operations and Programming:

• Forms & Transaction Management Platform
• Occupancy Costs
• Strategic Business, Innovation & Technology
• Financial Wellness Program for Members

The Federal Budget Act of 1993 and Tax Act of 2018 eliminated tax deductions for portions of dues used for lobbying activities. The estimated portions allocated by the Richmond-, Virginia- and National REALTOR® Associations for lobbying on behalf of real estate interests are listed below. These figures should be communicated to your tax consultant.

2023 Estimated Non-Deductible Portions of Dues:

• RAR:  6.2% or $13.95
• VR:    10.4% or $19.24
• NAR:  34% or $51.00

Note that the NAR Consumer Advertising Campaign special assessment of $45 is still considered a deductible expense.

Preserves the Association operating reserves at the level of six
months of operations and maintains the Issues Mobilization,
Legal Action Building (Capital Replacement) funds at current
levels.

Sustains, and indexes to inflation, the funding of existing core services:

• Advocacy – Protecting our members’ business interests and
  the property rights of all Virginians in the legislature, regulatory
  bodies, and the courts.
• Legal Resources – All-Member Legal Hotline, videos, podcasts/
  webinars, and education delivered at local associations and our
  state association conferences.
• Support to Local Associations – Core Standards support, direct
  grants for local programs, AE resources, education delivered at
  local associations (legal, GRI, Professional Standards), assistance
  with Professional Standards hearings, the AE Conference, Local
  Leader programs, etc.

Expands three key strategic goal areas based on an updated
Strategic Plan:

• Economic Advocacy – Adding our influences and resources to
  bringing business and jobs to Virginia with the ultimate goal
  of more business for our members.
• Success Tools – Providing more resources to help our
  members succeed through our conferences, events, and
• Broker Engagement – Increasing the level of professionalism by
  providing more resources and education to supervising
  brokers and firms

Professional Development 

• 150 classes offering over 500 credit hours  
• 8 designation and certification classes 
• 180 hours of pre-broker education with the Broker Fast Track program 
• Forms & Legal Update offerings with Attorney Michael P. Lafayette 
• Free one hour risk management courses with Peggy Lynch throughout the year  
• On-demand eLearnings available at learning.RARealtors.com  
• Special offering of a Strengths Finder workshop 
• 35 honorees in the Circle of Excellence Program 
• Relaunch of the Leadership Development Academy  

Communications

• Expanded Free RAR Stock Library with over 2000 assets for members to download and use in their marketing materials
• Offered three RAR resource workshops w/ focus on video production
• Launch training videos/tutorials on how to use RAR free resource library and how to use Adobe Spark for video creation

Advocacy

• Supported the Virginia Statewide Housing Needs Assessment. 
• This legislation requires the Department of Housing and Community Development to conduct a statewide housing study every five years to determine and address barriers to a healthy real estate market. 
• Legalized the by-right accessory dwelling units (ADUs) in the City of Richmond. 
• Repealed Richmond’s parking mandate, supporting the addition of more dense, infill housing. 
• Funded a study to examine the impacts of zoning on land value and real estate tax policy. 
• Interviewed 15 candidates for local and state office. 
• Endorsed Boards of Supervisor candidates in Chesterfield, Goochland, Hanover, and Henrico. 

Events

• RAR Member Awards
• RE TRENDS
• Installation Ceremony and Annual Awards Reception
• 2 convenient REALTOR® headshot days
• Loctoberfest
• Golf Tournament and Spring Fling
• RPAC Appreciation Reception
• RPAC Brick Engraving Unveiling

To view open invoices and/or pay online, log into your Member Account with your Login ID and password. Click on “Pay Online.”

The following address should be used to drop off a payment or to deliver by mail:

Richmond Association of REALTORS®
8975 Three Chopt Road
Richmond, VA 23229

*Payments can be made by check, money order, Visa, MC, Discover or AMEX.*

Fees are due and payable on the date they are posted to your account. Services for those who have not paid by the payment deadline will be scheduled for termination. Those subscribers whose services have been terminated will be required to pay a re-application fee of $180 to regain access to the MLS system.

Only active CVR MLS subscribers and participants are eligible for lockbox key service. Lockbox key access will be disabled should your CVR MLS account fail to renew.

If you have questions or need further assistance, please contact us directly at 804.422.5000 or accounting@RARealtors.com, and we will be happy to help.

• Expanded Free RAR Stock Library with over 2000 assets for members to download and use in their marketing materials
• Offered three RAR resource workshops w/ focus on video production
• Launch training videos/tutorials on how to use RAR free resource library and how to use Adobe Spark for video creation
• Published annual Listed Magazine

• Supported the Virginia Statewide Housing Needs Assessment. 
• This legislation requires the Department of Housing and Community Development to conduct a statewide housing study every five years to determine and address barriers to a healthy real estate market. 
• Legalized the by-right accessory dwelling units (ADUs) in the City of Richmond. 
• Repealed Richmond’s parking mandate, supporting the addition of more dense, infill housing. 
• Funded a study to examine the impacts of zoning on land value and real estate tax policy. 
• Interviewed 15 candidates for local and state office. 
• Endorsed Boards of Supervisor candidates in Chesterfield, Goochland, Hanover, and Henrico. 

• RAR Member Awards
• RE TRENDS
• Installation Ceremony and Annual Awards Reception
• 2 convenient REALTOR® headshot days
• Loctoberfest
• Golf Tournament and Spring Fling
• RPAC Appreciation Reception
• RPAC Brick Engraving Unveiling