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Nondues Revenue Success with License Plates

July 30, 2013

To the surprise of the Tennessee Association of REALTORS®, the highest grossing program from its educational foundation last year was its special “Celebrating Homeownership” automobile license plate that generated $16,500 from the approximately 1,100 REALTORS® in the state who ordered or renewed the plate.

The annual fee is $56.50, of which $15.62 is allocated to the Tennessee Real Estate Educational Foundation to be used exclusively to promote consumer protection through the education of real estate professionals in Tennessee.