5 West 37th Street, 12th Floor | New York, NY 10018 | P : (212)300-6412 | www.lofteyapp.com
MEMBERSHIP POLICY
Please review the following policies regarding fees and application procedures.
Fee Transparency:
Prior to joining, it's essential to understand all associated fees. We commit to providing you with necessary fee information - please note that any additional details may require direct contact to the board and MLS.
Membership Responsibilities:
As a member, you are responsible for all dues, fines, and listing fees associated with Board/MLS membership.
Application Deadline:
If you’re a new member to MLS or a current member switching from the previous brokerage - please note that completion of Board/MLS application forms is required within 48 business hours of receiving them. Failure to meet this deadline will result in a $20 charge and removing your license from the appropriate roster.
It is preferred that the company email is used for registration with the board and MLS.
Reinstatement:
Reinstating your membership incurs an additional $20 fee. Applications for reinstatement must be submitted within 1 business day.
Application Process:
We will provide you with all necessary applications digitally. Please ensure all documents are completed digitally and ready for email submission.
BOARD & MLS BALANCE DUE POLICY
The below apply if you have been removed from the Board and MLS due to outstanding balance.
Payment Reminder:
Apart from the subsequent dues reminders that the board and MLS send out, we will also send reminders to both your personal and company email addresses.
Non-Payment:
Failure to pay dues will result in removal from our roster and complete disassociation from our systems, incurring a disassociation fee of $20 or $25 depending on the state.
Reinstatement:
Reinstatement requires payment of a $100 fee to Loftey (plus any applicable Board/MLS reinstatement fees) an additional $20 or $25 re-association fee (depending on the office) and payment of board/MLS dues by 5pm on the same day.
