The National Association of REALTORS® is proud to present this new initiative as an opportunity specifically targeting multi-cultural, minority communities, toward building bridges to the holistic real estate community. This mentorship opportunity will help individuals learn the fundamentals of the real estate industry, foster education, empower serious consideration of real estate as a career path, and encourage and promote the development of generational wealth through property ownership.
NAR's Mentorship Program
Providing exposure to the various career paths in real estate and encouraging generational wealth through property ownership.
2021 Participating State/Local Associations:
- Chicago Association of REALTORS®
- Durham Regional Association of REALTORS®
- Maryland REALTORS®
- Memphis Area Association of REALTORS®
- Greater Philadelphia Association of REALTORS®
- Raleigh Regional Association of REALTORS®
- Greater Rochester Association of REALTORS®
- Seattle-King County Association of REALTORS®
- New Jersey REALTORS®
- CORE Association of REALTORS®
- DC Association of REALTORS®
The Mentorship Experience
- Provide learning and networking opportunities for both mentor/mentees to attend together featuring industry titans/celebrities, motivators, etc.
- Create a sense of exclusivity among participants.
- Achieve a certificate of completion and encourage mentees interested in a sales role to pursue their license.
Mentorship Program Overview
Once the form is completed, the program coordinator will conduct a matching exercise based on information provided in the mentor and mentee application form. This will include consideration of educational (discipline) background, career achievement, common professional interests, experience, time availability and location where applicable. All effort will be made to match a mentee with a mentor who is best placed in their geographical location.
Program activities are done on a volunteer basis and are unpaid. Mentors and mentees will need to supply references/recommendations and go through a formal evaluation.
Timeline of Speaker Sessions
June 2nd – Program Kick-off Session With Mentors/Mentees
Week of June 7th – Residential Real Estate (Brokerage, Sales, and Teams)
Week of June 21st – Commercial Real Estate
Week of June 28th – Marketing & IT
Week of July 12th – Administrative Assistant, Transaction Coordinator
Week of July 26th – Property Inspection
Week of August 9th – Property Management
Week of August 23rd – Staging
Week of August 30th – Land
Week of September 13th – Appraisal
Week of September 27th – Mortgage Banking
Week of October 11th – Closing Session
After the matching process is complete, mentors and mentees will be notified of their match. The Program Coordinator will provide each participant with contact details for their match. Once the introductions have been made by the coordinator, it is the mentor's and mentee's responsibility to continue communication with the mentee to initiate the mentoring process.
Once contact is established, a mentor and mentee start the mentoring process by collaboratively filling out an agreement, reviewing the guidelines, and completing an action plan. This agreement is important as it helps build the foundations of a relationship by communicating and recording the agreed mentoring objectives, method and frequency of communication as well as how the mentor and mentee will go about achieving the agreed upon goals.