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Membership

Membership Dues

 

Member and Chapter Guide to

REIC Membership and Candidate Dues

 

What are your basic obligations?

  • Membership renewal dues must be paid by January 31st each year. National Dues are $413.
  • Individuals who join part way through the year will have their dues pro-rated from the first of the month following approval of membership or candidacy. There are no refunds of membership dues. REIC renewal notices are mailed in November of the preceding year to allow prompt, timely processing.
  • Members and Candidates who do not remit dues are subject to termination.

What makes up the total dues amount?

  • National Dues – these cover the operation of National office.  They are set by the National Board of Directors.  The Board may make modest annual increases to membership dues, but larger increases are subject to member approval at a General Meeting.  Candidate fees and other fees do not require general approval.
  • Incremental Designation Fee – for each additional designation or candidacy, beyond the basic “one”, an incremental fee applies.
  • IREM Dues – IREM Dues are charged only to CPM® ARM® and ACoM members and candidates.  IREM sets the dues amount on an annual basis.
  • Chapter Fees – these fees cover the operation of your local chapter.  The fees are set by the Chapter Members on recommendation from the Chapter Management Board.  REIC National does not set these fees, and they are forwarded directly to the chapter.
  • Late Fee – this charge will be levied to those members and candidates who do not pay by January 31st.

Are there any dues reduction programs?

What is the “Late Fee”?

  • The majority of REIC members and candidates pay promptly. 
  • For those who are more than 30 days late, a “Late Fee” applies.  These charges help offset the cost of follow-ups with these individuals, a cost which should not be borne by those who pay promptly.
  • For those who make formal payment arrangements, NO LATE FEE SHALL APPLY for arrangements made prior to January 31.

If you can't pay right now....

While REIC prefers to receive Annual Dues payments in one lump sum, we will consider payment arrangements.  The following options are available, with appropriate administration fees:

Semi-Annual - two payments: First payment is due immediately and second is due July 15.  The administration fee for the semi-annual payment plan is $12.00.

Quarterly - four payments: First payment is due immediately, followed by April 15; July 15; and October 15. The administration fee for the quarterly payment plan is $24.00.

Monthly - twelve payments: First payment is due the 15th of the month, balance of payments due the 15th of each month.  The administration fee for the monthly payment plan is $48.00.

When paying by cheque, REIC expects to receive all required post-dated cheques in advance.  When paying by credit card, each payment will be processed automatically on the applicable dates.

  

The administration fee is applicable across the board, whether a member or a candidate. 

If you are interested in any of the above payment plans, please contact our Admissions & Membership Coordinator at 1-800-542-7342 ext. 26. 

Any payment plans established prior to the end of January will be exempt from the late fee.

 

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