CRACKDOWN from the Natl Association of Realtors

If you’re currently a member of a Realtor’s association at a state or local level, you could be seeing some changes in the near future. The Board of Directors for the National Association of Realtors (NAR) recently voted to approve a series of changes to the standards and requirements for local and state Realtors’ associations. The move is intended to “ensure that associations across the country have the capabilities and programs to effectively serve and advocate on behalf of Realtors,” the board explained.

Last year after a similar vote, 194 associations merged with other groups rather than have their charters revoked. This resulted in an 11-percent decrease in the number of local associations. This year, the new standards will go into effect July 1, 2016, and the initial compliance cycle will extend through December 31, 2017. Associations must participate in at least two political advocacy and two consumer outreach activities each cycle, in addition to providing members with at least one professional development opportunity, getting certification that they’ve conducted a Realtor safety activity, extended the six-hour professional development requirements to certain volunteers, and conducted annual performance reviews for chiefs of staff.

The board also voted to change certain MLS policies regarding licensing photos, audio, visuals, and virtual tours in order to protect images and data submitted by agents.

Do you think that these are good changes for Realtors? Are you a Realtor? Why or why not?

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About the Author (Author Profile)

Carole Ellis is editor in chief of the Bryan Ellis Investing Letter. Under Carole’s leadership, the Bryan Ellis Investing Letter has grown to over 700,000 subscribers, making it one of the largest real estate newsletters in the world. Each day, Carole directly impacts the daily thinking and conversations of real estate investors worldwide by providing thought-provoking analysis and commentary on news topics relevant to serious real estate investors.

Carole has a strong background in research and in the management of respected publications. She holds a degree in English Literature from the University of Georgia, and has substantial research experience in plant biology. She is the former editor of and writer for the University of Georgia’s Research Magazine. She’s also the author of hundreds of articles and multiple books and home study courses published under the names of her clients, many of whom are well known, highly respected real estate entrepreneurs as well.

Carole makes her home in Kennesaw, Georgia with her husband Bryan and 4 children.

Comments (1)

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  1. Donald Byrd says:

    I think there is going to be a national MLS and then there will be no need to be a Realtor. NAR is worried about the small boards. Zillow is eating their lunch.
    Just like the person that decided to sale years ago.
    That was another great move.

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Category: Real Estate