Commercial Network of the Long Island Board of REALTORS

What Commercial Network of the Long Island Board of REALTORS does

Long Island Board of REALTORS (LIBOR), legally Long Island Board of Realtors, Inc., is a private non-profit professional trade association founded in 1910 and headquartered at 1305 Walt Whitman Road, Suite 310, Melville, New York. It serves licensed real estate agents, brokers, and affiliate business partners across the Long Island region (Nassau and Suffolk counties), acting as the locally chartered affiliate of the National Association of REALTORS (NAR) and a member of the New York State Association of REALTORS (NYSAR). The organization is led by CEO Doreen Spagnuolo and President Kevin Leatherman, with General Counsel Patrick Fife overseeing legal affairs.

LIBOR's core product is a bundled membership stack: access to the OneKey MLS and Matrix MLS platform with Realist Tax data integration, continuing education (CE) courses and a 22.5-hour license renewal bundle, legal guidance from in-house counsel, professional standards enforcement (ombudsman, mediation, ethics, arbitration), Code of Ethics training, consumer-facing Find a REALTOR referrals, transaction forms through NAR/NYSAR partnerships, member discounts, advocacy through RPAC, and networking via committees, networks, and the Young Professionals Network (YPN). Technology integrations include OneKey MLS, Matrix, Realist Tax, Zoom for live distance education, and DepositLink for earnest money handling.

The revenue model is subscription- and dues-driven: annual REALTOR and Designated REALTOR membership dues, CE course fees (member and non-member pricing tiers), transaction form revenue, and a newer Bridge2Business affiliate program for local business partners. Distribution is regional, executed through direct membership sales and a self-serve online portal (MLS dashboard, education registration, member resources). The organization does not operate outside Long Island, has no subsidiaries, no parent company, and no disclosed funding rounds; it is governed by a member-elected Board of Directors.

Name

Commercial Network of the Long Island Board of REALTORS

Legal name

Long Island Board of Realtors, Inc.

Website

https://lirealtor.com

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

51–100 employees

Short description

The Long Island Board of REALTORS (LIBOR) is a non-profit professional association serving licensed real estate agents, brokers, and affiliate partners across Nassau and Suffolk counties with MLS access (OneKey MLS/Matrix), continuing education, legal counsel, Code of Ethics enforcement, transaction forms, and advocacy through NAR affiliation.

Ownership category

akta.pro rank

Product category

Real Estate Trade Association

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600), Real Estate Agents & Managers (For Others) (6531)

akta.pro industry

PRIMARYBPAJAHAN

Association Compliance, Governance & Board Support Services

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

Keywords

• Real estate association
• Professional development
• Multiple listing service
• Real estate education
• Realtor membership

Headquarters

HQ city

Melville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Membership Dues: Annual membership fees for REALTORS®, Designated REALTORS®, and affiliate members. Includes dues schedule with various tiers.
2. Continuing Education Courses: CE courses for license renewal with member and non-member pricing. Members receive free or discounted access to education.
3. CE Virtual Discount Card: Discount card program offering savings on 22.5-hour CE bundle courses.
4. Transaction Forms: Document services providing transaction forms to members at discounted rates through LIBOR, NYSAR®, and NAR® partnerships.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Membership-based professional trade association that provides licensed real estate agents and brokers on Long Island with access to the OneKey MLS platform, continuing education courses, legal guidance, professional standards enforcement (including ombudsman, mediation, ethics, and arbitration), advocacy at local/state/federal levels, networking events, and member discounts. Serves as the local affiliate of the National Association of REALTORS (NAR) and the New York State Association of REALTORS (NYSAR).

Differentiator

Problem solved

Functional benefit

Products and services

• REALTOR Membership Annual membership for licensed real estate agents providing access to OneKey MLS, education programs, legal support, professional standards services, transaction forms, advocacy representation, and member discounts across the Long Island region.
• Designated REALTOR Membership Membership tier for designated REALTORS (typically brokers/managing brokers) with additional organizational responsibilities and leadership benefits within the association.
• Bridge 2 Business Affiliate Program Affiliate membership program that allows local businesses to build visibility and connections within the REALTOR community through marketing benefits, networking opportunities, digital advertising, and event sponsorships.
• Continuing Education Courses License renewal education including the 22.5-hour CE bundle (11.5 Required Core + 11 Electives), LIBOR NY Legal Update, fair housing, broker supervision, Code of Ethics Training, licensing courses, and webinars offering CE credit. Available with member and non-member pricing.
• NAR Settlement Compliance Forms Eight newly revised forms (six revised and four new) released to comply with the NAR Sitzer/Burnett class action litigation settlement and MLS Rules changes, providing members with updated transaction documentation.

Quantifiable outcome

• 22.5 hours of CE credits available through bundled programs
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• OneKey MLScoreTechnology or IntegrationOneKey MLS is the primary Multiple Listing Service platform for LIBOR members, providing comprehensive MLS data, products, and services. LIBOR provides access to OneKey MLS through its member portal and sponsors related education courses.
• Metro REALTORS® Federal Credit UnionminorOthersFinancial services partnership providing credit union access to LIBOR members.
• NYSAR® (New York State Association of REALTORS®)coreStrategic or Co-development PartnerState-level association partnership providing statewide advocacy, education standards, and member benefits. LIBOR members receive discounts through NYSAR® on transaction forms and insurance.
• NAR® (National Association of REALTORS®)coreStrategic or Co-development PartnerNational association affiliation providing REALTOR® membership, Code of Ethics enforcement framework, national advocacy, and member benefits programs. LIBOR enforces NAR's Code of Ethics and participates in RPAC.
• NAR RPAC (REALTOR® Political Advocacy Committee)coreGTM or Marketing PartnerPolitical advocacy partnership for influencing housing policy at local, state, and federal levels. LIBOR members contribute to RPAC and advocacy efforts.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Hudson Gateway Association of REALTORS: A larger New York regional REALTOR® association serving Westchester, Putnam, Rockland, and Orange counties. Closest comparable peer in scale and structure—also affiliated with NAR and NYSAR, offering MLS access, CE, ethics enforcement, and advocacy.
• Greater Rochester Association of REALTORS: Mid-size New York State regional REALTOR® association offering comparable membership, MLS, education, and advocacy services. Useful benchmark for non-downstate New York peer operating models.
• Manhattan Association of REALTORS: New York City–based REALTOR® association with similar member services, MLS affiliations, CE programs, and professional standards enforcement. Comparable in mission and structure though serving a different New York sub-market.
• Brooklyn Association of REALTORS: Regional REALTOR® board serving Brooklyn real estate professionals. Operates with the same NAR-affiliated model of membership dues, MLS access, education, and ethics enforcement as LIBOR.

Regional players

• New Jersey REALTORS: Statewide New Jersey REALTOR® association. Comparable NAR-affiliated trade association providing membership, ethics, education, and advocacy—relevant peer for benchmarking services outside Long Island.
• Connecticut Association of REALTORS: Adjacent-state REALTOR® association serving Connecticut. Comparable governance, dues structure, and CE programs, though geographically distinct from LIBOR's Long Island territory.

Broad incumbents

• New York State Association of REALTORS (NYSAR): State-level parent affiliate providing statewide advocacy, education standards, and member benefits to LIBOR. NYSAR is the tier above LIBOR in the REALTOR® association hierarchy, with overlapping governance and education functions but operating at the state level.
• National Association of REALTORS (NAR): National umbrella organization whose Code of Ethics LIBOR enforces locally. NAR sets the framework for REALTOR® membership, advocacy, and professional standards that LIBOR operationalizes at the regional level.
• California Association of REALTORS: Largest state REALTOR® association in the U.S., providing membership, MLS, education, legal services, and advocacy at significant scale. Useful benchmark for the upper bound of regional association service offerings and revenue diversification.

Others

• OneKey MLS: Core MLS technology partner providing listing data infrastructure to LIBOR members. Critical ecosystem enabler whose platform quality directly drives LIBOR's value proposition, though OneKey operates at a multi-board level rather than competing with LIBOR.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/LIRealtors
• Facebookfacebook.com/LIRealtor
• LinkedInlinkedin.com/company/libor300

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Commercial Network of the Long Island Board of REALTORS