BILL CHERRY, Broker & Wealth Coach (Bill Cherry, Realtor)

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Rainmaker
692,098
Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Without these ventures the dues would likely be higher.

Nov 11, 2018 02:18 AM
Ambassador
4,840,676
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Lots of things at play that keep the dues from growing higher than they are.

May 06, 2018 11:43 PM
Rainmaker
798,287
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

The more people that make money, the better for the economy. As long as they provide quality and useful services to their members, i don't care if they make a profit.

Aug 17, 2015 12:35 AM
Rainmaker
1,417,877
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

BILL CHERRY I believe it is okay as long as they give it back to the membership.

Aug 17, 2015 12:27 AM
Rainmaker
3,570,452
Richard Weeks
Dallas, TX
REALTOR®, Broker

I don't think they should be profitable.  Also I think their books should be made available to the members.  I often wonder what salaries they pay.

Aug 16, 2015 09:48 PM
Rainmaker
1,854,038
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

no

Aug 16, 2015 08:44 PM
Rainmaker
1,157,329
FN LN
Toronto, ON

It is an individual decision for each association to decide whether they want to be non-profit or for-profit.  Different tax rules in Canada or the USA, whichever applies, are applicable for each and it needs to be clear what the decision is.  It is essential that non-profits do not taint their status as non-profits under the Internal Revenue Code (USA) or the Income Tax Act (Canada).

Aug 16, 2015 08:00 PM
Ambassador
2,759,162
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Monday morning Bill. No, I do not think they need to turn a profit.

Aug 16, 2015 07:05 PM
Rainmaker
551,272
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Thought they are set up as non-profits? All that extra money goes for programs, marketing and educational etc. Or am I wrong?

Aug 16, 2015 04:29 PM
Ambassador
2,973,231
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

No, but I think it's too late to put that horse back in the barn

Aug 16, 2015 01:23 PM
Ambassador
3,985,488
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Within reason I think it is fine. The money belongs to the Association (Members) and we use our for community projects, PR, supporting industrial growth and Member Education of which most is free to the membership.

Aug 16, 2015 12:38 PM