Your local, state and national associations (RAR, VR, NAR) are all at work for you year-round.
Dues breakdown: RAR $170, VR $175, NAR $185
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.
2021 estimated non-deductible portions of dues:
RAR: 7.7% or $13.09, VR: 11% or $19.25, NAR: 38% or $57.00
Note that the NAR Consumer Advertising Campaign special assessment of $35 is considered a deductible expense.
Professional Development
- 142 classes totaling 530 credit hours
- Launch of virtual credited classes offered via Zoom
- 4 designation and certification classes
- 180 hours of pre-broker education with the Broker Fast Track program
- 20 free MLS classes and webinars
- New on-demand eLearnings including Road Rules of CVR MLS
- 2020 Leadership Development Academy
- Special digital marketing webinars with Leigh Brown and Matthew Rathbun
- First qualifying year for the new Circle of Excellence Program
Communications
- Expanded RAR Stock Library with over 2000 assets for members to download and use in their marketing materials–for free
- 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
Advocacy
- Helped ensure that real estate was deemed essential during the initial COVID-19 lock down
- Passed legislation allowing homeowners to remove racially restrictive covenants from their home’s deed
- Supported the creation of the Central Virginia Transportation Authority to ensure a multi-modal transportation future for the Richmond Region
- Participated in Richmond’s master plan rewrite and Henrico’s zoning code update to encourage more housing choice
- Engaged in the Midlothian Special Area Plan process
Events
- Outstanding Production Awards Reception
- Installation Ceremony and Annual Awards Reception
Community Development
- RAR raised funds for a Regional Housing Framework, Director of Implementation for the Partnership for Housing Affordability
- RAR staff have spent a total of 74.5 volunteer hours (YTD), giving back to nonprofits within our communities.
- Through our donor directed fund at The Community Foundation, we’ve been able allocate $62,500 to eleven local educational nonprofits.
- RAR supported a list of seven housing related charities; ACTS, Better Housing Coalition, Caritas, Homeward, project:HOMES, Richmond Metropolitan Habitat for Humanity, Urban Hope, Virginia LISC, Virginia Supportive Housing, and Viridiant.