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Dues & Fees Breakdown

Dues & Fees Breakdown

As a professional, you must make financial decisions daily; focusing on short and long-term goals. As a REALTOR® you are not only a member of MIBOR, at the local level, but you are also a member of the Indiana Association of REALTORS® (IAR) and the National Association of REALTORS® (NAR). Through your membership, you are investing in your success and in your community.

As a member of all three organizations it is important for you to understand the benefits each has to offer. Click below for information on making the most of your membership.

Member Benefits

Designated REALTOR® BreakdownAffiliate Breakdown BLC Only Breakdown

REALTOR® Membership Dues ($719 Annually)

  • Annual membership dues are billed in May and due July 1.

Membership Benefits

MIBOR Technology Fees

Technology fees can be paid annually or semi-annually. By paying annually, you will save $35. The schedule for billing is as follows:

  • Annual ($456):
    • Billed February, due in April
  • Semi-Annual ($245.50):
    • Billed February, due in March;
    • Billed August, due in September

How to Pay Your Bill

Dues and fees can be paid securely online through your MIBOR Info Hub. To access the billing section of the Info Hub, visit your MIBOR dashboard and click on the icon, "pay my bill".

Payment for dues and fees may also be made through your emailed invoice. To make your payment, download the attached invoice from the email and click on the hyperlink to submit payment online. To save your credit/debit card to automatically pay future tech fees/dues payments, click on the check box next to “Use for existing scheduled payments”.

If you wish to pay by check or money order, please include your MIBOR member number on your payment and make payable to:

MIBOR Service Corporation
1912 N. Meridian Street
Indianapolis, IN 46202

2021 BILLING:


**All dues and fees are subject to change.** 

Annual REALTOR® Member Dues: $719
Annual Affiliate Dues: $215
Tech Fees Annual: $456
Tech Fees Semi-Annual: $245.50

Frequently Asked Questions

 Why does MIBOR bill in the middle of the year?

In 1992, the MIBOR Board of Directors voted to move the annual billing to accommodate the cash flow needs of MIBOR members.

What is the $35 ad fee?

The NAR ad fee is for the marketing of your REALTOR® brand.

Why do I pay MIBOR, IAR, and NAR?

Your membership with MIBOR automatically extends your membership to the state association (IAR) and the national association (NAR). As your local association, MIBOR collects for all three associations for your convenience.

When is my payment due?

Annual membership dues are billed in June and due July 1

What if I am late on my payment?

If your payment is not received by July 1, services will be suspended, including access to the MIBOR Broker Listing Cooperative (BLC®) listing service. Offices who hold the unpaid member's license will also have their access to the MIBOR BLC® Listing Service suspended until a payment is received or notification to MIBOR that they are no longer holding the unpaid member's license.

Must I invest in RPAC?

Investment in RPAC is voluntary. The suggested voluntary contribution may be excluded from payment. CLICK HERE to better understand the importance of investing in RPAC.

Are my dues refundable?

MIBOR dues are not refundable. If you leave the business, IAR and NAR dues are eligible for a refund. Refund requests for IAR and NAR dues must be received by December 31. Contact membership@miborsupport.com with questions!

MIBOR DUes Prorations

For REALTOR® members:

Joining in: Dues Owed: Plus $400 Entry Fee Pays through
January  $579.00 + $400 June 2021
February $522.00 + $400 June 2021
March $465.00 + $400 June 2021
April $408.00 + $400 June 2021
May $1,070.00 + $400 June 2022
June $1,013.00 + $400 June 2022
July $956.00 + $400 June 2022
August $899.00 + $400 June 2022
September $842.00 + $400 June 2022
October $785.00 + $400 June 2022
November $728.00 + $400 June 2022
December $671.00 + $400 June 2022

For affiliate members:

January - March  $115 + $50 application fee per application
April - May 17 $65 + $50 application fee per application
May 18 - June $265 + $50 application fee per application
July - September $215 + $50 application fee per application
October - December $165 + $50 application fee per application

 

Broker Listing Cooperative® Tech Fee Prorations

     
Period Ending: Annual Semi-Annual
January 20 $114.00 $122.74
February 20 $532.00 ($76.00 + $456.00) $327.32 ($81.82 + $245.50)
March 20 $494.00 ($38.00 + $456.00) $286.42 ($40.92 + $245.50)
April 20 $456.00 $245.50
May 20 $418.00 $204.58
June 20 $380.00 $163.66
July 20 $342.00 $122.74
August 20 $304.00 $327.32 ($81.82 + $245.50)
September 20 $266.00 $286.42 ($40.92 + $245.50)
October 20 $228.00 $245.50
November 20 $190.00 $163.66
December 20 $152.00 $122.74