The National Association of REALTORS® announced it is sunsetting eight of its forums, councils, boards and committees, marking a meaningful first step in making association governance more effective and efficient—an initiative outlined in its Strategic Plan.
As of Wednesday, these groups have officially retired: the Large State Forum, Medium State Forum, Small State Forum, State Leadership Idea Exchange Council and Reserves Investment Advisory Board. The Amicus Brief Advisory Board, Leading Edge Advisory Board and Leadership Identification and Development Committee will wind down on Dec. 1. Their functions were either “duplicative or better handled through existing channels or alternative models,” NAR says in a press release.
The decision is anticipated to reduce redundancies and redirect member and staff resources, and is the result of member surveys, leadership feedback and an audit of NAR’s governance groups.
“Findings from that process showed declining confidence in committee effectiveness, overlapping responsibilities across groups, and opportunities to better utilize member and staff time,” per NAR’s press release.
“These member-led updates are grounded in what we’ve heard from our members,” NAR President Kevin Brown says. “REALTORS® have been clear that our governance system must evolve, becoming more focused, more effective and more responsive. These changes mark an important first step.”
