Membership in IREIBA™ is open to Indiana Licensed Independent Real Estate Broker regardless of other professional or realty associations.
IREIBA™ also welcomes the applications of Vendors/Suppliers who work in our industry, known as Affiliates.
IREIBA™ accepts members throughout the State of Indiana. IREIBA™ monthly meetings are held in Indianapolis.
FAQs about IREIBA™
Q. What is IREIBA™?
A. Indiana Real Estate Independent Brokers Association™. An organization created and dedicated to support and promote the efforts of Independent Brokers and those who work with them in their own businesses.
Q. What is the structure of the group?
A. We are a registered Indiana Nonprofit Corporation. We have collectively designed and adopted our own Constitution and ByLaws, a set of guidelines and procedures which govern our group. We have a Board of Directors and Officers, which we elect annually, who are charged with the responsibility of managing the business end of our organization.
Q. Who can join IREIBA™?
A. Indiana-licensed Independent Real Estate Managing Broker can apply to join as a Broker Member, and their Real Estate Brokers can apply as Broker Members, and any vendors or suppliers that work with or service the real estate community can apply to join as Affiliate Members.
A. No, IREIBA™ will consider membership for any Independent Broker of Indiana or vendor/supplier. Any member joining that is not a member of NAR® is required to voluntarily agree to honor the NAR® Code of Ethics in all dealings with the public and other professionals. Further, IREIBA™ does acknowledge that membership in both IAR® and MIBOR® offers important tools for any broker and we encourage membership and involvement with the local Boards.
A. Membership fees are due each January. Managing Broker Members = $40 Broker Members = $28 Affiliate Members = $52
Q. What is the cost to join?
A. All member candidates pay one full year of dues with their Application, regardless of type of membership or time of the year joining, along with a one-time application fee of $15. At the time of the first renewal, the second following year is prorated. In December the Treasurer and Membership Chair calculate each new member’s first renewal amount.
A. Fill out an Application, provide your first year of dues, $15 app fee, and submit all to the VP of Membership. You can apply and pay online and your information will be forwarded immediately for processing. You can also print out the Application, fill it out and mail it to IREIBA™ or bring it to the next meeting. We have a pdf document online that you can download, or simply print the application page. Applications are screened and voted on by the board of directors.
A. IREIBA™ was informally started in early 2001 by a group of 13 Independents who agreed to gather and discuss the concept of starting the organization. The first regular meeting was held in March 2001. The group was first known as IREIBA™, the Independent Real Estate Brokers Association. ByLaws were created and Officers elected in late 2001. In the Spring of 2005, the group chose to create a more formal and legal structure by registering the organization as an official Indiana corporation and setting up nonprofit status with the IRS as a Business League. At that time, the name was changed to the Indiana Real Estate Independent Brokers Association and the name and the initials "IREIBA" were registered with the State.
A. No. IREIBA™ is totally independent, funded and governed entirely by the local membership.
A. We have been averaging approximately 70 members for the past few years. We added 26 new members in 2016! Our total membership in 2016 was 79! Each year, we individually chose to recommit by paying our dues and renewing. Each year we gain some new members and lose a few members. Businesses and people change. 35 is still our average attendance at the meetings.
A. Yes. Your first visit is free. Any meetings after the first meeting is only $5 per visit paid at the door.
A. Our meetings are conducted in a central location in downtown Indianapolis, at the Scottish Rite Cathedral, on the second floor near the Cafe. The SRC sits in 600-700 block of North Meridian Street. Free parking is usually available in the SRC parking lot on the West side of the building. Occasionally the lot gets full, there is a secondary lot to the North of the building and street metered parking, as well. The gate in the parking lot usually goes up at 11:00 am, so if you get there early just push the button to raise the arm. Try to park in the areas with white numbers.
A. Meetings are the 3rd Tuesday of every month. Registration starts at 11:15 AM. The meeting starts at 11:30 AM and runs to 1:00 PM. The lunch line opens at 11:00 AM and some folks like to come early to eat and chat. We each buy our own meals and we meet while we eat. It is an orderly, yet relaxed and casual, friendly business atmosphere.
A. IREIBA™ was started to be a place for Independent Brokers to go to for training and support. To maintain its integrity, the number of Affiliate members must not exceed the number of Brokers. The maximum number of Affiliate members cannot exceed 41% of the total membership. Affiliates do not have voting rights, but can volunteer for any committee. Being a member of IREIBA is a prestigious honor. Affiliate members are not only looked up to within the Organization, but it also gives them creditability and hopefully earns them more business in and outside the Organization. If you are not a member yet, you are allowed to come to any meeting for a low fee of $5, paid at the door, unless it is a special event, such as party, fundraiser, paid training, etc. in which case that fee would be posted. The Board of Directors monitors the company types so that there are not too many of any one type of business. This is not an easy task and is regulated by the Board’s discretion.