NAR Leadership Takes a Critical Look at Governance

A new National Association of REALTORS® presidential advisory group will study what changes, if any, should be made to NAR’s governance. The Governance Game Changer Presidential Advisory Group comprises more than 50 members, including 15 association executives, who will spend their three-year term gathering feedback and analyzing NAR’s governance to ensure that it “supports the efficient, nimble, and transparent operation of the association; fully engages the experience, expertise, and talent of its members; and positions the association to act effectively in the years ahead,” according to an NAR statement.

By “governance,” NAR doesn’t mean just the structure of its more than 90 member-led committees, advisory boards, work groups, councils, and forums, or its 800-member board of directors. The PAG also will critically analyze other elements, including leadership development, criteria for appointment, funding, and NAR’s overall governance culture.

“Nothing within the scope of governance is off the table, and technology also is definitely something open for discussion,” says PAG Vice Chair Terrie Suit, CAE, CEO of the Virginia REALTORS®.

The PAG will send out surveys and offer other opportunities for feedback, including open forums at the Midyear Legislative Meetings & Trade Expo and an email address (governancepag@realtors.org) where members can send their thoughts on NAR’s governance and how it can be improved.

“The leadership team really emphasized the importance of seeking broad input on this project with plenty of time for deliberation,” says Suit. “We are collecting any and all input we can to incorporate into the ultimate recommendations and will be updating the membership at the midyear meetings as we narrow our findings and recommendations.”

The Governance Game Changer PAG is one element of NAR’s new five-year strategic framework that aims to provide a more visionary, holistic, and business-oriented approach reflective of NAR’s expanding role in technology and other arenas critical to real estate.

The PAG will not delve into state and local association governance.

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