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#161688 - 08/09/07 07:36 AM New Broker Orientation Class/ NY
YBE Offline
Member

Registered: 06/21/07
Posts: 22
Loc: Queens, New York
I'm setting up a home based in Queens NY. LIBOR offers a "New Broker Orientation Class", which sets you up with LIBOR & MLS for about $2,000. I wanted to know if this class is necessary or beneficial and how many brokers actually took this class?
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#161691 - 08/09/07 07:53 AM Re: New Broker Orientation Class/ NY [Re: YBE]
Mr. Foreclosure Offline
Major Contributor

Registered: 09/01/06
Posts: 2834
Loc: upstate New York
I guess my upstate experience won't be much help in your area, it sounds expensive to me. I would hope for that amount of money you would have NAR, NYSAR and local board dues paid for a year, MLS access paid for a year and any one time initiation fees for the local board and/or MLS paid also. If that charge is just for an orientation class it is excessive.

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#161695 - 08/09/07 08:06 AM Re: New Broker Orientation Class/ NY [Re: Mr. Foreclosure]
YBE Offline
Member

Registered: 06/21/07
Posts: 22
Loc: Queens, New York
That would include LIBOR Dues for a year and all one time initiation fees, thereafter MLS will charge $160.00 per month
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#161895 - 08/09/07 09:01 PM Re: New Broker Orientation Class/ NY [Re: YBE]
Mr. Foreclosure Offline
Major Contributor

Registered: 09/01/06
Posts: 2834
Loc: upstate New York
If your MLS is $160 a month and is included for a year that accounts for most of the fee, not much left for the other items.

However $160 month sounds awfully steep for MLS. I belong to one that charges $125 per quarter and another that charges $114 per quarter. The less expensive one will also give you a discount if you pay the full year at one time saving them the quarterly billing.

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#164287 - 08/19/07 02:07 AM Re: New Broker Orientation Class/ NY [Re: Mr. Foreclosure]
YBE Offline
Member

Registered: 06/21/07
Posts: 22
Loc: Queens, New York
Anybody else had to do this in NY?
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