How Relevant is NAR to Owner Business?
March 23, 2009 by e-Partner · Leave a Comment
Dating back to the early 1900s, The National Association of Realtors (NAR) has been the catalyst for the real estate industry and the architect for the industry model now servicing broker/owners and agents.
In addition, NAR has been one of the most powerful lobbying forces in Washington D.C., advocating home ownership and a multiplicity of real estate initiatives too numerous to mention. The NAR lobby is largely responsible for the push for the American dream of home ownership.
NAR has set most of the policies for local Assocations, formerly “Boards of Realtors” and has been a staunch supporter of our Standards of Practice and Code of Ethics.
In the past couple of decades NAR has found itself at odds with the Department of Justice over trade issues that the DOJ felt were not in keeping with consumer-transparency, competitive practices and property information issues.
There is no questioning the relevance of NAR to the industry. What is not so evident of late, is NAR’s commitment to the survival of the thousands of Broker/Owners who have supported it through promotion, commitment, participation and of course, money.
Is it time to drill into NAR regarding the application of its services to a changing industry?
Is it time for Broker/Owners to step forward and ask NAR for support during this most difficult time?
Should NAR help Broker/Owners with their operating and financial needs?
Is NAR really “on top” of the industry?
What should the NAR agenda be? What should NAR’s relationship and role be with respect to research, development and deployment of business models, technology applications and Internet services with respect to Broker/Owners and their new needs?
