Designated REALTOR® (DR) Audit of Licensees Coming in August
Annually, RANW will conduct a required Firm Roster audit of licensees for all RANW Designated REALTORS®. Designated REALTORS® (DR) will receive a copy of the agent roster that RANW has on file. It is the responsibility of the DR to make sure that the RANW roster matches the roster for their firm with the Department of Safety and Professional Services (DSPS). Any discrepancies must be corrected within 30 days of receiving the audit notification. Once reviewed, the DR will email a copy of the original RANW agent roster, DSPS Roster, RANW Agent Audit form and a copy of any Add or Drop forms that were sent to the DSPS after review. After the audit and 30-day correction period, if RANW finds a licensee is under a RANW Designated REALTOR® (DR) with the DSPS but not on the RANW roster, RANW will notify the Designated REALTOR® in writing of the (NAR) DR Dues Formula policy. The Designated REALTOR® will then have thirty (30) business days to comply with the policy.
Failure to Submit Application
Failure to submit application or registration within 30 days will result in the Designated REALTOR® being assessed REALTOR® dues retroactive to the time of their association with the Designated REALTOR®. Designated REALTORS® who participate in MLS will also be assessed retroactive MLS fees accordingly. If the Designated REALTOR® also participates in the Multiple Listing Service (MLS) and/or the Electronic Lockbox Program, the Designated REALTOR® will be back-billed MLS (user) and/or lockbox fees times the number of months the licensee should have been assessed fees for the current year, plus a handling fee.