Long Island Board of REALTORS^®
2024 Committee Application

Budget & Finance Committee

Reviews revenue and expense projections; reviews the annual budget and the present budget. Makes appropriate budget recommendations and monitors the feasibility of investing revenues, vets the financial investment firms, makes investment recommendations, implements the process of investing, and monitors the investments in accordance with LIBOR’s Investment Policy.

Criteria: Members must not have completed a term of service on the committee in the past year. 

Grievance

Reviews allegations of violations of the Code of Ethics and member requests for Arbitration pursuant to the NAR Code of Ethics and Arbitration Manual, forwarding those appropriate to the Professional Standards Committee for a hearing.

Prerequisites: Formal Professional Standards Training before assuming duties on the committee.

Criteria: REALTOR® Member

Professional Standards

Considers and acts upon  cases involving alleged violations of the Code of Ethics and arbitrates certain financial business disputes forwarded by the Grievance Committee, in accordance with the NAR Code of Ethics and Arbitration Manual. Hearings are routinely scheduled for Tuesdays and Thursdays.

Prerequisites: Formal Professional Standards Training before assuming duties on the committee, and has served on the Grievance Committee for at least a year.

Criteria: REALTOR® Member

Appraisal Committee

Carries out the objectives of the Appraisal Network by planning events, establishing goals, making recommendations, subject to the approval of the LIBOR Board of Directors.

Prerequisites: All members of the Appraisal Committee shall be members of the Appraisal Network.

Criteria: LIBOR Member

Bylaws Committee

Reviews the LIBOR Bylaws and policies to ensure compliance with the latest NAR requirements, and recommends revisions to the LIBOR BOD.

Criteria: REALTOR® Member

Commercial Committee

Carries out the objectives of the Commercial Network by planning events, establishing goals, making recommendations, subject to the approval of the LIBOR Board of Directors.

Prerequisite: All members of the Commercial Committee shall be members of the Commercial Network.

Criteria: LIBOR Member.

Credential Review Committee

Reviews all applications of candidates for Officers and Directors for the coming year.

Prerequisite: Involvement in and knowledgeable about LIBOR.

Criteria: REALTOR® Members who are not seeking an Officer or Director position. No one REALTOR® Member can serve more than two consecutive years, and no more than one person from the same office shall serve.

Curriculum And Instructor Review Group

Works to expand the number of instructors and quality of coursework and instruction at LIBOR’s school.  Interviews and monitors instructors to ensure compliance with criteria set forth in the LIBOR School Policy. 

Criteria:  REALTOR® Member and/or Affiliate Member. Its recommended, but not required, that members have experience as real estate instructors.

Diversity Equity & Inclusion Committee

Coordinate activities related to increasing the overall diversity and inclusiveness of our LIBOR membership and leadership participation to ensure knowledge of Fair Housing practices throughout the real estate community.

Prerequisite: It is recommended that REALTOR® Members complete the At Home With Diversity^® Certification as long as it is being offered.

Criteria: REALTOR® Member

Education Advisory Group

Assist staff in the organization and implementation of LIBOR’s annual education conference.

Prerequisite: :

Criteria: REALTOR® Member

Global Business

Promote business opportunities by providing the necessary tools and resources to foster networking, generate referrals and increase commissions by serving global sources.

Prerequisite: CIPS Designation or begin the process of completing the CIPS Designation.

Criteria: REALTOR® Members meeting the above prerequisites. Affiliate Members with global business interests and contacts may also serve.

Government Affairs – Nassau/Suffolk

Monitor local, state, and national legislative issues and recommend positions and actions to the Board of Directors for approval with regards to their respective geographic jurisdiction and in conjunction with similar positions taken by NYSAR and NAR.

Prerequisite:

Criteria: REALTOR® Member and/or Affiliate Member.
If the Member’s primary residence or primary focus of business lies in one of the geographic areas, they may serve on one of the committees. No Member can serve on both Government Affairs committees. 

Government Affairs – Queens

Monitor local, state, and national legislative issues and recommend positions and actions to the Board of Directors for approval with regards to their respective geographic jurisdiction and in conjunction with similar positions taken by NYSAR and NAR.

Prerequisite:

Criteria: REALTOR® Member and/or Affiliate Member.
If the Member’s primary residence or primary focus of business lies in one of the geographic areas, they may serve on one of the committees. No Member can serve on both Government Affairs committees. 

Legal Assistance Committee

Reviews requests for legal assistance in accordance with criteria established by the LIBOR BOD to determine eligibility for the Legal Assistance Fund.

Prerequisite:

Criteria: REALTOR® Member and/or Affiliate Member

Strategic Planning

Reviews industry trends and supports staff for the development of business and/or strategic plan and reviews its progress.

Prerequisite:

Criteria: REALTOR® Member

REALTORS® Political Action Committee (RPAC)

Helps increase participation in fund raising campaign programs and encourages investment in RPAC to achieve monetary and membership participation goals set by NYSAR and NAR.

Prerequisite:

Criteria: REALTOR® Member

Young Professionals Network Committee

The Young Professionals Committee carries out the objectives of the Young Professionals Network (YPN) by planning events, establishing goals, making recommendations, and overseeing the operation of the Young Professionals Network subject to the approval of the LIBOR Board of Directors.

Prerequisite:

Criteria: REALTOR® Member