The changes adopted are an example of how NAR works toward positive change in real estate, says immediate past president Charlie Oppler.
In a complete breach of commitment and legal precedent, the DOJ backed out of an agreement with the National Association of Realtors® (NAR) that would more explicitly state the spirit and intent of NAR’s Code of Ethics and MLS guidelines in some key areas.
As more than 31 million small businesses across the country were recognized during National Small Business Week, it’s a good time to look at how small, local operations drive so much of the economy and search for ways to continue to level the playing field for them and for consumers.
Local real estate organizations provide sellers access to the largest possible pool of potential buyers while creating the greatest number of housing options for buyers in one, centralized location.
The traditional commission structure, where the listing broker offers to share his or her commission with the buyer broker, ensures the greatest possible equity for first-time to middle-income homebuyers from all walks of life.
Those attempting to attack the real estate agent commission structure are cloaking their true intentions in misleading claims of consumerism.
Homeownership is the largest single contributor to intergenerational wealth for American families. But it has not been accessible to all Americans on equal terms.
Today, NAR strongly supports the Fair Housing Act and has worked with the Department of Housing and Urban Development and private partners to promote equal access to homeownership.
Residential real estate sales have continued to flourish during the COVID-19 health pandemic and have been critical to keeping the economy afloat.
America’s largest trade association is uniquely positioned to respond to whatever may come and deliver results, not just for its members, but for the American consumer and economy.