National Association of Realtors (NAR)
Candlefocus EditorNAR members, known as Realtors, pay an annual fee in order to become part of the organization. Membership opens up a variety of benefits to members, from educational and professional development opportunities to tech tools, resources, and discounts. It also provides an ethical code for Realtors to abide by and practical tips for business operations.
NAR strives to make sure its members receive the best in terms of training, knowledge and experience. To that end, NAR provides a variety of both online and classroom education programs and a wide selection of industry-specific publications on topics ranging from contract law and business strategies to mortgages and financing. It also provides education savings plans, certification programs, and professional designations. This helps Realtors continuously hone their knowledge and stay ahead of the ever-changing market.
As a lobbying organization, NAR advocates for the issues most important to Realtors and their clients. It lobbies the government on a variety of topics, such as federal tax policy, housing policy, banking and credit regulations, fair trade practices, the environment, and land use planning. NAR also works to ensure that Realtors and their clients have fair and equitable access to credit, homeownership, and property rights.
Being a member of the NAR provides more than access to benefits, resources, and discounts; it also provides Realtors with key legal, ethical, and professional protections. Membership in the NAR also offers Realtors access to insurance, mediation and arbitration services, which provide them with protection from legal and financial liability.
In conclusion, The National Association of Realtors provides invaluable assistance to Realtors and their clients by offering assistance in learning the rules and regulations related to real estate, an ethical code of conduct, and legal and financial protection. By providing a platform that promotes education, ethics and professionalism, NAR serves as a watchdog and a powerful voice in the real estate industry.