Association News
LCBR Care Fund
March 29, 2024
The Atlanta REALTORS® Board of Directors approved the formation of a Care Fund in 2022, to assist members of the Association who run into a financial crisis within one year of applying, due to unexpected medical or childcare expenses, substantial damage to personal property, or sudden life changes due to mental illness or a death in the family.
To be eligible for assistance, applicants must meet the following criteria:
- Have an active Real Estate License
- Be a current member of the Atlanta REALTORS® Association in good standing at the time of application submission through the application final deadline and approval.
- Have a minimum of 5 real estate transactions in the last 24 months, OR, be an active REALTOR® in Georgia over the past 12 months prior to applying.
Recipients will be encouraged to share their story if willing; however, it will not be a requirement for a member to qualify to receive the Care Fund.
How to apply:
- Applications open on a quarterly basis: June 1st thru August 15th; September 1st thru November 15th; December 1st thru February 15th; and, March 1st thru May 15th.
- Any applications received outside of each respective period will not be considered.
- Applicants will be able to apply once per application cycle and receive up to a maximum disbursement of $2,500 per application cycle. Applicants may apply quarterly but are limited to receiving Care Funds no more than two times per calendar year (up to $5,000 per year).
- Recipients are encouraged to become an active ARA committee member within 24 months of receiving disbursement.
Submit Online Application - submissions outside of each application cycle will not be considered.
ANNUAL DEADLINES TO APPLY ARE: FEBRUARY 15, MAY 15, AUGUST 15, NOVEMBER 15!
Recipients will be announced at the end of the month of each deadline. Applicants will be selected on a first-come, first-serve basis, per quarter, provided that applicants meet the criteria defined on the application. Only (6) six Care Fund distributions will be granted per year. Personal names and companies will remain confidential except to ARA staff who receive the online submissions
About the ARA Market Brief
The Atlanta REALTORS® (ARA Market Brief is compiled by First Multiple Listing Service (FMLS) and provides the only regionally focused synopsis of monthly sales and home prices for single-family residential properties. The Market Brief covers the following 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.
The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Atlanta REALTORS® Association
The Atlanta REALTORS® Association (ARA) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With over 14,000 members, Atlanta is the largest association in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ARA serves as a central source of information for its members, mainly focusing on real estate education, the promotion of professionalism in the industry, and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.