Interesting Developments at the Board of Directors Meeting

By Brian Summerfield, Online Editor, REALTOR® Magazine

There was a lot of ground covered during the Board of Directors meeting Monday at the 2009 REALTORS® Conference & Expo. Here are some of the highlights:

• The REALTOR® Property Resource (RPR): Attendees got a guided tour of this impressive new site, which ultimately aims to cover pretty much every property in the United States. RPR will be a massive database that will allow NAR members (and only NAR members) to search properties across numerous criteria, from school districts to tax info. Users will also be able to gauge the value of a property based on home improvement projects, site conditions, and comparables. Call it contemporary. Call it cutting edge. Just don’t call it an MLS. Read more

The NAR “Value Proposition”

By Brian Summerfield, Online Editor, REALTOR® Magazine

It pays to be a REALTOR®. That was the message from NAR CEO Dale Stinton at the Board of Directors meeting Saturday at the 2009 Midyear Legislative Meetings in Washington D.C.

Addressing the board during the 2010 budget proposal presentation, Stinton said any REALTOR® who had maintained continuous membership between 1991-2010 would have paid $1,282 in total national dues.

“What have the last 20 years been like for you?” he asked the audience. “You’ve probably had your ups and downs, but you’ve probably had a good 20 years. What would you have paid for all the services you got [from NAR]?”

Stinton also explained how NAR stacked up against other national professional associations. Read more