Unreported Licensee FAQs
Unreported Licensee Policy
If you have a licensed agent who has joined your brokerage but has not joined PCBoR, that agent is considered an Unreported Licensee.
When PCBoR learns of an Unreported Licensee from UDRE, we will automatically send the agent’s broker a courtesy notice and add a $400.00 assessment fee to their account.
Upon receiving this notice, a broker has 30 days to resolve the Unreported Licensee on their account. This can be resolved by having the agent join PCBoR as a Primary or Secondary REALTOR® member, terminating the agent’s sponsorship with UDRE, or paying the $400.00 assessment plus their entry fees.
Failure to resolve an Unreported Licensee within the 30-day period will result in a suspension of PCBoR and MLS services for all agents in that broker’s office. A $100 reinstatement fee will also be applied to the broker’s account at that time.
A list of frequently asked questions is below. For more information, contact our Member Success Team via the chat support box below or membership@parkcityrealtors.com.
What is an Unreported Licensee?
Unreported Licensees are real estate agents who have not joined one of the local association boards of which the sponsoring broker is a member.
Why Am I Required to Resolve an Unreported Licensee?
The PCBoR Bylaws states that if a broker holds the license of a non-member agent, the broker must pay membership fees to the Association on behalf of that licensee.
Where Can I Find a List of My Unreported Licensee(s)?
You may view the list of UL agents by logging in to your Member Portal from parkcityrealtors.com Under the Brokerage section, select “Unpaid Agents” in the Roster Tab. There you will find an assessment fee of $400.00 that has been added to all Unreported Licensee accounts.
Note: You will NOT have to pay this assessment if the Unreported Licensee joins PCBoR or another REALTOR® association, or if you terminate the agent sponsorship with UDRE. See the next question below for more details.
How Can I Resolve my Unreported Licensee(s)?
You may choose one of four options to resolve an Unreported Licensee on your account:
- Join the Park City Board of REALTORS®: Have the Unreported Licensee establish REALTOR®membership with the Park City Board of REALTORS®.
- Join Another REALTOR®Association: If the Unreported Licensee holds membership with another REALTOR® association in Utah, please confirm that the agent’s primary association has updated NAR records correctly. Once NAR records are updated correctly, the agent will automatically be removed from your Unreported Licensee roster and considered resolved.
- Pay the Assessment (Non-Member Fee):You may choose to pay the outstanding balance of $400.00 instead of becoming a member of the Park City Board of REALTORS®. Please note: Paying the assessment will NOT make the Unreported Licensee a member of PCBoR, nor does this fee apply to future membership dues should the Unreported Licensee decide to join our Association.
- Terminate Agent Sponsorship with UDRE: Should you decide to no longer sponsor your Unreported Licensee, return the sponsored license to UDRE for termination. Once this occurs and is available in the UDRE data export files (24-48 hours), the agent will be removed from your Unreported Licensee roster and considered resolved.
What happens if I don’t resolve any Unreported Licensees on my account?
Brokers have 30 days to resolve any Unreported Licensees on their account. Failure to resolve Unreported Licensees within this time period will result in a suspension of PCBoR and MLS services for all agents in that broker’s office. A $100 reinstatement fee will also be applied to the broker’s account at that time.
Last Updated: January 2024