Association of REALTORS® Resources
Documents and Policies
Documents
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Unreported licensees are real estate salespersons and licensed or certified appraisers who are employed by or affiliated as independent contractors, who are otherwise directly or indirectly licensed with Designated REALTOR® member, who are not REALTOR® members of any association.
For each unreported licensee, the Designated REALTOR® who holds primary membership with TCAOR shall perform one of the followings:
Have the licensee establish REALTOR® membership with TCAOR and pay applicable fees
Certify the licensee as Limited Referral Agent Only (LFRO) or Mortgage Loan Originator (MLO) and pay applicable fees
Comply with Designated REALTOR® member dues bylaws and pay ‘non-member’ assessement fees for the licensee
Provide a Letter of Good Standing from another association to verify that licensee holds REALTOR® membership
Terminate the licensee affiliation/broker sponsorship with the firm at the California Department of Real Estate (DRE)