Discounts You Get Just For Being a Real Estate Agent

One of the perks of being a real estate agent is access to a number of discounts and special offers tailored for real estate professionals. From lower insurance rates to car rental deals, you could save hundreds of dollars a year just by being a real estate agent. You just need to know where to look.

To make it easier for you, here’s a roundup of some of the discounts you could benefit from.

Discounts For Members of the NAR REALTOR Benefits® Program

If you’ve advanced from real estate agent to REALTOR® and joined the National Association of REALTORS® (NAR), you can access a long list of discounts.

Since NAR is the largest trade association in America, many companies are willing to partner with NAR to tap into the 1.5+ million membership base. When you add up all the discounts, the savings could offset your annual membership fee.

Some of the most notable REALTOR® Benefits Program discounts include:

• REALTORS® Insurance Place is an exclusive health insurance shopping site created for NAR members. NAR members can obtain insurance quotes, compare plans, and purchase policies directly online. This includes health insurance coverage, group dental, group vision, group life insurance, and even pet insurance.

• Liberty Mutual Insurance. NAR members could save up to up to $950 a year on auto insurance and home or renters insurance. Plus, if you join their referral program, you could get $40 back for each client you refer that completes an auto insurance quote.

• FedEx. FedEx offers REALTORS® 10-20% off select FedEx printing and copy services, including business cards, flyers, signs, and binding. Plus, you could get 26% off their shipping services.

• DocuSign. DocuSign is NAR’s exclusive provider of electronic signature services. They provide special rates for individual users and broker offices for six or more users.

• Car rentals. NAR has partnered with Avis, Budget, Hertz, and Sixt to provide 25-35% discounts on car rentals. Join NAR’s Travel Club, and you can also enjoy discounts on hotel and resort bookings.

• RentRedi. Get your first six-month subscription to RentRedi's property management software for $1. Plus, you'll get 50% off when you renew your subscription.

• Dell and Lenovo computers. Get a 5-10% coupon to use on a new Dell laptop or desktop and up to 45% off Lenovo ThinkPad laptops, ThinkCentre Desktops and monitors, and more.

• Educational courses and certifications. Enhance your real estate knowledge and skills by completing selected online courses that apply towards designations and certifications offered through NAR’s Center for REALTOR® Development.

NAR claims that in one year, 800,000+ REALTORS® saved around $74+ million through the REALTOR® Benefits Program. You can find NAR’s full list of discounts here.

State Realtor Association Discounts

Some state REALTORS® associations have discount programs for members.

The California Association of Realtors (C.A.R.) offers members several discounts and special offers. C.A.R. has partnered with companies including RentSpree, TransUnion, Hotel Planner, UPS, HP, and more.

The Orlando Regional REALTOR® Association (ORRA) has partnered with Form Simplicity, the International MLS (IMLS), and the Real Estate Technology Institute (RETI). ORRA members also receive 20% off AAA membership and discounts on selected attractions, hotels, movie theaters, and car rentals in Central Florida and around the country.

Check If Your Brokerage Has Negotiated Local Discounts

If you work for a brokerage, they may have discount agreements with local businesses. Ask if they have preferred vendors and if you qualify for any discounts. Should you come across companies willing to provide discounts, let your broker know so they can negotiate a group rate, and the entire team can reap the benefits.

Don’t Be Afraid to Ask for Discounts

As a real estate agent, you may be able to get discounts that aren’t advertised. But you won’t know unless you ask. You may be surprised how many local businesses and chain stores are willing to give you a reduced rate.

Here are three scenarios where you may succeed at getting discounts:

• Your local Home Depot or Lowe’s may agree to a discount on home improvement supplies or furniture used for real estate staging if you will use them over the long term.

• The same is true for services you’ll use regularly, such as printing flyers or "for sale" signage.

• Some vendors may be willing to offer special deals for items you'll use for closing gifts since it could bring repeat business.

• You may be able to negotiate discounts on business services such as internet or mobile services in exchange for referring clients to the provider.

Don’t Forget About Tax Deductions

Whether you pay full price or discounted rates, hold on to your business-related invoices and receipts.

One of the biggest financial benefits you can get as a real estate agent comes during tax season. As a real estate agent, you can deduct all of your business expenses, including your NAR membership fees.

Not qualified as a real estate agent yet? Take our real estate license course online and start benefitting from a rewarding career and plenty of discounts exclusively for real estate agents!