We have changed to a calendar-year billing cycle, and we decided to make the transition easy for everyone.

📅 What’s Changed?

• SMR’s fiscal year used to run from October through September.
• Last fall, it was approved to shift to a calendar year (January–December) starting in 2025.
• This created a short, 3-month “gap period” from October to December referred to as a “stub year.”

💡 How We Are Handling It

• Existing members paid a full year of dues last September, traditionally for an October–September fiscal year, but it is now for January–December 2025.
• We used part of that payment to cover the stub year (Oct – Dec 2024) with no additional payment required at that time.
• In June 2025, we will bill a small, prorated amount to repay just those 3 months.
• This helped break up everyone’s expenses since NAR and MAR dues were payable during November–December 2024 and keeps us from adding it on to the 2026 dues billing that will go out this fall, which would create confusion and have members believing another dues increase is being implemented.

💰 June 2025 Prorated Billing (for Oct–Dec 2024)

  Membership Type                        Amount Due

• REALTOR® / Appraiser                  $145.00

         * Joined in November 2024         $96.00

          * Joined in December 2024        $ 48.00

          * Joined in 2025                              No Billing

• Primary Partner Member              $ 50.00
• Partner Associate Member           $ 12.50

 

🔒 No surprises—this keeps your total annual SMR dues at $580, $200, or $50, depending on membership type.

✅ Why This Helps

• Aligns our dues cycle with the calendar year like many other organizations, including MAR & NAR.
• Avoided asking for extra money for membership dues at the dues billing time, which also coincided with the holidays.
• Spread out your financial commitments over time rather than adding it on to this fall’s dues billing.