REALTORS® Association of Central Massachusetts
Ready to Renew with RACM?
We hope you’ve had another great year as a member of RACM and are excited to renew your membership. Here’s all the details:
The deadline for renewal: December 1st
You will get an email from RACM with all the details about your renewal options and the deadline of December 1st.
If you want to renew online
Then click here. To renew online, you will need your username and password.
If you want to renew in person
Then please bring your renewal payment to the RACM offices at 492 Washington St, Auburn, MA 01501. If you are paying with a check, make it payable to RACM.
The following is the schedule for renewal:
September 1 – Annual Budget Plan available for members to sign up. The deadline for enrollment is September 30.
October 1 – Dues statements are available on-line., All invoices are emailed to members on October 1.
Also, there is an early payment incentive whereby anyone paying in the month of October is automatically enrolled in a drawing to win the entire dues refunded.
November 1 – there is an additional incentive for members paying in November whereby anyone paying in November is automatically enrolled in a drawing to win the local portion of the dues refunded.
December 31 –All dues remittance must be postmarked by December 31 in order to avoid late fees
January 1 – $50.00 late fee assessed to all outstanding invoices. Deadline for payment is January 31.
February 1 – an additional $50.00 is assessed for a total of $100 in late fees.
February 28 –Any member not paid by February 28 is automatically suspended per the bylaws.
March 1 – Members paying after March 1 are subject to all late fees in effect as well as a $50.00 reinstatement fee.
March 31 – Any member not paid by March 31 is automatically terminated per the bylaws .They lose the privilege of using the term REALTOR®, revert their membership type back to a non-member and their Designated REALTOR® is assessed a non-member fee.
Frequently Asked Renewal Questions
I can’t make one lump payment for my renewal fee right now. Is there a payment plan?
If you can’t make a renewal payment all at once, that’s fine!
If you are a REALTOR® member and your primary membership is held with the REALTOR® Association of Central Massachusetts, the Association has a Payment Plan option. In addition to the renewal amount, an administration fee of $10 per installment will be added if you choose to participate in the Payment Plan. Payment plans must be filed with the Association by September 30th. Payments will be processed automatically to the credit card information you provide.
Click here for a copy of the payment plan.
Has the renewal amount changed?
How can I pay?
Are my dues tax deductible?
Compliance with the Tax Reform Act of 1993 requires that the portion of dues attributable to lobbying and political activities at the State and Federal levels of government be considered nondeductible for income tax purposes. This nondeductible portion must be disclosed to members on their dues invoice each year.
For 2016, with dues at $120 per member, NAR computes 42 percent or $50 to be nondeductible for the member’s income tax purposes due to NAR lobbying efforts. Please note that the entire $35 Consumer Advertising Campaign special assessment qualifies as fully deductible. The amount of MAR dues for 2015 that is not deductible for income tax purposes is $17.00.
Do I have to invest in RPAC?
Your renewal invoice online includes a voluntary RPAC investment which is strongly encouraged, but is ultimately voluntary.
As you go through the prompts to pay online, you have the ability to remove the RPAC amount just before you input your credit card information.
Ready to Renew?
Renew Online Right Here!
Have any questions or feedback about the renewal process or membership in general? We’d love to here from you! Let’s chat.