The Commercial Board of REALTORS® is the commercial overlay board that provides leadership, services, education, and professional standards to commercial real estate practitioners in Michigan. Membership is comprised from all regions within the State of Michigan. A statewide database of commercial properties (CPIX.net), commercial continuing education, local and statewide networking sessions, grievance and standards committees, commercial forms, and a unified voice relative to legislative issues for the commercial REALTOR® are some of the many benefits of membership.
What is a REALTOR®? If you have a real estate license you are not automatically a REALTOR®. A REALTOR® pays annual dues to the NATIONAL ASSOCIATION of REALTORS®, MICHIGAN REALTORS®, and a local association, such as CBOR. REALTORS® also adhere to a Code of Ethics that is over and above the state licensing rules. Only a REALTOR® in good standing is allowed to use the term REALTOR® when referencing themselves or their company, otherwise, you are just a “real estate licensee”.
The Commercial Board of REALTORS® Objectives
To unite those engaged in the recognized branches of the commercial real estate profession for the purpose of exerting a beneficial influence upon the profession and related interests.
To promote and maintain high standards of conduct in the real estate profession as expressed in the Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS®.
To provide a unified medium for real estate owners and those engaged in the commercial real estate profession whereby their interests may be safeguarded and advanced.
To further the interest of commercial, industrial, and other investment and real property ownership.
To unite those engaged in the commercial real estate profession in the State of Michigan with the Michigan REALTORS® and the NATIONAL ASSOCIATION OF REALTORS®, thereby furthering their own objectives throughout the state and nation, and obtaining the benefits and privileges of membership therein.
To designate, for the benefit of the public, individuals authorized to use the terms REALTOR® and REALTORS® as licensed, prescribed, and controlled by the NATIONAL ASSOCIATION OF REALTORS®
CBOR committees focus on CPIX, Commercial Education, Mentoring, Jump Start programs, Membership Recruitment, and Networking & Events. If you are unable to commit time to a longstanding committee, perhaps you can get involved with a “Task Force” and focus on a short term project.
Volunteering is the best way to improve industry opportunities and make great connections!
Contact Nancy at 810.603.0676 or firstname.lastname@example.org
CBOR Member Benefits
- CPIX Commercial Property Information Exchange
- Document Library Commercial Forms
- Professional Standards
- Political Advocacy Promoting positive real estate legislation
- Education Commercial Continuing Education Opportunities
- Mentor & Jump Start Programs
- Events Registration Savings
- Industry News, Events and Announcements
Code of Ethics Training
NAR’s Board of Directors approved a change to the Code of Ethics training requirement, extending it from every two years to every three years. This extends the current cycle deadline from Dec. 31, 2020, to Dec. 31, 2021.
REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®.
Training may be completed through NAR’s online courses or through another method, such as online or classroom courses via local/state associations. Read the consequences for failing to complete Code of Ethics training.
Courses offered by 3rd-party providers designed for state CE credit may count towards your association of REALTORS® Code of Ethics Training Requirement, but NAR does not track such courses nor approve them. Individuals considering those courses should check with their local association of REALTORS® to ascertain whether any such course will count, as only local associations approve courses.