Membership Fee Impact Report - Buyer Resistance and Property Values

The comparative evidence points to a meaningful HLR-specific affordability and marketability issue after January 1, 2025. The strongest resistance appears at lower price points, where the $7,500 charge represents the largest share of a buyer’s acquisition cost. Advisory Realtors report repeated buyer objections and transactions lost because of the charge, reinforcing the pattern visible in the MLS data. Also Issued September 2026 • Companion to the previously distributed HOA Costs, Financial Management and Property Values report