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NAR-5742 P7 2007 Res_Com Body

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NAR-5742 P7 2007 Res_Com Body
united we thrive

Welcome to the

NATIONAL ASSOCIATION OF REALTORS®

Dear Member,



Our business is all about connection — to buyers, sellers, lenders, insurance

companies, closing agents, appraisers and everyone else that helps us close

a transaction.



Our most important connection, however, is with each other. Success in our

industry depends on our active participation within our organization, where we are

constantly paving the way for positive changes. And that participation is paying off.

The power of more than 1.3 million members makes a difference every day—from

Washington to our hometowns.



We all played “connect the dots” as young children, drawing a line from one number

to the next to form a complete picture. What we do as REALTORS® is very similar—

guiding our clients through the process of ultimately buying, selling or leasing real

property. Continually working to improve that process is part of what we do as

REALTORS®—and a very important part of our organization as a whole. In 2007,

we look to strengthen the connections within our business and the REALTOR®

organization—as well as outside the REALTOR® family.



Throughout this Guide, you’ll find valuable information on all these connections,

as well as where you can find additional details. Most importantly, you’ll also find

sections titled “Actions You Can Take” on each page that will help you get more

involved and make better connections at all levels.



Together, we can make great things happen. Join us in continuing to connect the

dots throughout this year and beyond—for all our benefit. United, we thrive.







Sincerely,









Pat Vredevoogd Combs, ABR, CRS, GRI, PMN Dale A. Stinton, CAE, CPA, CMA, RCE

President Executive Vice President/CEO

2007

We’re Part of Something Valuable









MEMBERSHIP

1,357,085

1,264,640

1,102,250

As a REALTOR®, you are part of an elite group—









976,960

and the world’s largest trade association. The more









876,195

than 1.3 million members who make up the REALTOR®









803,803









REFERENCE

766,560

organization creates incredible power. That power

translates to numerous benefits for every member.



Your NAR dues contribute to the ongoing success of

our industry, and your business. Those dues provide

all of us with the necessary resources, education,

competitive advantages and rights representation









GUIDE

needed to continue our successes while protecting 2000 2001 2002 2003 2004 2005 2006

home buyers and sellers. ANNUAL MEMBERSHIP GROWTH



In return, you also receive numerous benefits that far outweigh the $64 of your

annual dues attributable to National. As a matter of fact, the REALTOR® brand alone

generates an average of $32,000 in incremental income for every REALTOR® during

*

his or her membership. To make the most of your membership and our collective

efforts, take advantage of benefits identified throughout this Guide.



Protecting Our Profession

Government Affairs: We’re in Washington, fighting every day for our profession.

Find out what we’re doing right now, and how you can get involved. (Pages 2–4)

RPAC: Help us raise funds to gain influence with decision makers. (Page 3)

Technology: From SentriLock to REALTOR.com®, use these technology resources

to your advantage. (Page 4–5)



Competitive Advantage

Education: Earn designations and stay informed in this ever-changing industry.

(Pages 10–12)

Advertising: See how we’re making a difference with consumers, and how you

can leverage the REALTOR® brand to your advantage. (Pages 6–7)

Code of Ethics: Show your clients what sets REALTORS® apart from the rest.

(Pages 8–9)



Information

REALTOR® Magazine: A $56 value, the magazine is provided free to NAR

members. (Page 13)

REALTOR.org: Find a wealth of information and the latest industry news online,

any time. (Pages 13)

ProQuest Database: More than 1,400 business, financial and real estate industry

publications are available, free of charge, to NAR members. (Page 13)



Practical Solutions and Savings

REALTOR Benefitssm Partners: These solutions provide you with value-added offers

and discounts on products and services—and result in additional revenue to help

keep NAR dues low. (Page 16)

REALTOR Benefitssm Publications: Hundreds of industry publications are available

online at the REALTOR.org Store to help you continue to succeed. (Page 16)



*Brand Valuation Study, 2005, based on the average member, which has 6–10 years experience realizing $4,500 a year in

incremental income due to the marketplace advantages the REALTOR® brand brings to his or her business.









Look for these call-outs throughout this Guide for:

Actions You Can Take:

• What you can do to take advantage of your benefits, how you can help and where you can find out more

• In addition to the individual URLs, a site dedicated to this Guide is available at

www.REALTOR.org/MembershipGuide





MEMBERSHIP REFERENCE GUIDE: 2007 1

PROTECTING

Our Victories in 2006 Fighting for Our Rights









OUR

The power of 1.3 million members gives us considerable influence on Capitol Hill. We are constantly working with key decision makers in Washington to represent our

Together, we leverage that power to affect governmental decisions that are relevant industry and best interests as REALTORS®. As we work to maintain and improve our









PROFESSION

to our industry and in the best interests of all REALTORS® —and the American people. industry, we represent your interests through extensive Government Affairs activities:



Sometimes, it’s hard to see the result of these day-to-day decisions. The reality is, RPAC: The REALTORS® Political Action Committee (RPAC) raises

they are changing the way people buy and sell houses—and these victories are voluntary funds from REALTORS® to contribute to candidates’ We shape

benefiting you with every transaction. campaigns at the national, state and local level. RPAC is one of

the most influential PACs in Washington and around the nation. the way our

Here are some of the important victories we achieved together in 2006: We use that political influence to support candidates who support

public policies beneficial to REALTORS®. We need your help— industry does

For the sixth

contribute to RPAC today. business, and

consecutive year,

Due to NAR’s

banks are prohibited

NAR led the fight to NAR successfully

REALTOR® Action Center: The REALTOR® Action Center sees to we’re making

advocacy efforts, approve a House bill lobbied Congress to it that officials, once elected, turn their promises into action that

legislation progressed from entering real making substantive maintain the flood we—and homeowners—can benefit from. The changes made in considerable

further than in any estate brokerage. changes to the FHA insurance program and Washington affect how we do business every day. We support the

previous Congress. program. to update flood maps. issues you care about most in Congress, and follow through with

progress.

Banks key people to better our industry at large.

in Real

Small FHA

Estate But those battles aren’t won overnight. They take a long time and are the culmina-

Business Reform Flood

Health Insurance tion of a lot of hard work by all 1.3 million of us. Thousands of bills are introduced

Plans during every session of Congress; each one can be considered for months

or even years before it becomes law. Make your voice heard by registering at

www.REALTORActionCenter.com and responding to “Calls For Action,” sending

messages to members of Congress on legislation that directly affects you.





Here’s what we’re trying to change right now:

• Small Business Health Care —enact health care coverage legislation for self-employed

REALTORS® and their employees

• Mixing of Banking and Commerce —enact a bill permanently barring banks from

RPAC entering real estate brokerage

Receipts REALTOR® • Affordable Housing Opportunities —enact legislation improving FHA to broaden

Calls Action

homeownership opportunities

For Center

Record-breaking Action • GSE Reform —enact a bill preserving the housing mission of Fannie Mae and Freddie Mac

year for RPAC 150 State and • Real Estate Tax Benefits —making certain that the tax code continues to support housing

receipts and Local Partners opportunities and homeownership

®

disbursements REALTOR Action added to REALTOR®

to candidates. Center surpasses • Property Casualty Insurance —maintaining the nationwide availability and affordability of

Action Center

10% goal on residential and commercial property insurance, including terrorism insurance

Network.

member Call For

• Anti-Predatory Lending —continue to help consumers avoid predatory lending and work

Action campaigns.

for strong legislation against it

• Mortgage Fraud —help protect consumers from fraudulent mortgage practices

• Nontraditional Mortgage Guidelines —protect consumers in regards to mortgage

lenders that are not insured banks and the risks of nontraditional mortgages

In addition to our victories in government, there were also many other

important achievements over the past year:

• Membership reached an all-time high of 1.3 million members

• 260,000 SentriLock lockboxes used by 135,000 REALTORS® in more than

100 Associations

• REALTOR.com® visited by more than 6 million consumers each month Actions You Can Take:

• Increased consumer perception of working with a REALTOR® by 20% in the past • Vote for supporters of homeowners’ rights issues

three years • Get involved in your Local Board’s legislative committee

• Constructed houses in New Orleans following the devastation of Hurricane Katrina. • Contribute to RPAC: www.REALTOR.org/RPAC

• Participate in “Calls For Action” from the REALTOR® Action Center:

By the end of the year we will have built a total of 50 new homes.

Register at www.REALTORActionCenter.com

• Visit www.REALTOR.org/GovernmentAffairs for more information

• Visit www.REALTOR.org/MembershipGuide





2 P R O T E C T I N G O U R P R O F E S S I O N : G O V E R N M E N T A F FA I R S P R O T E C T I N G O U R P R O F E S S I O N : G O V E R N M E N T A F FA I R S 3

PROTECTING

Protecting and Advancing Our Industry









OUR

As the most powerful force in real estate, NAR and REALTORS® are setting the Trusted Technology Advice

standard for real estate technology. As a result, products and services have been Technology can be complicated and fast-









PROFESSION

developed by or in partnership with NAR to provide you with resources you can changing. You want to use tools that make Take

trust—and to protect you from unnecessary expenditures and exposure to risks. your job easier and more efficient, but it’s hard

Take advantage of these resources to maximize your efficiency and feel confident to keep up. As a result, NAR created the Center

advantage

in your technology decisions: for REALTOR® Technology (CRT) to provide of these

REALTORS® with technology leadership, guidance

It’s Never Been Easier to Market and assistance for the real estate industry. resources,

Yourself and Your Homes CRT makes available informed industry insight,

REALTOR.com® was developed to provide consumers with developed to

research and open-source applications that

a single online resource for all property listings—and for all are of the most benefit to you without wasting protect us

REALTORS® to have a resource developed for us, by us. It your time and money.

remains the #1 most visited homes-for-sale site, with more than from risk

6 million consumers visiting each month. All of your listings,

with a photo, are always posted for free, but you can enhance

and increase

Protect Your Information

your presence and listings with what consumers want most

Information security has become an increasingly

business.

online—multiple photos, detailed descriptions, virtual tours and

more. Be sure to include REALTOR.com® and its online market- important issue, but one that is difficult to both

ing systems as a key part of your marketing plan. understand and ensure. That’s why NAR and the

Center for REALTOR® Technology (CRT) developed the REALTOR®

To receive this benefit you must be an MLS participant and your MLS must be a REALTOR.com®

data content provider. Secure certification program to protect your information and

your customers from risks. The certification also assures your

customers that they are dealing with a company they can trust.

REALTOR® Lockbox Solution

To provide REALTORS® with a high-quality, cost-effective option in

lockboxes, NAR became majority owner of SentriLock. SentriLock Online Transaction Standard

developed the REALTOR® Lockbox, which has the features you In a collaborative effort with other industry leaders, NAR

requested most. As of January 2007, 135,000 REALTORS® helped create RETS, the Real Estate Transaction Standard, for

in more than 100 Associations had converted. Ask your local exchanging real estate information electronically. RETS offers a

Association or MLS about SentriLock for your lockbox solution. trusted standard for all parties involved in real estate transac-

tions to communicate—protecting you from headaches or pur-

Transaction Management Solution chasing technology that doesn’t work well with other parties.

Real Estate Business Technologies (REBT), a subsidiary of the

California Association of REALTORS®, in partnership with NAR,

developed RELAY™, a transaction management tool that enables REALTOR® Safety

you to streamline workflow and communication with clients. We’re not only committed to protecting our industry and your business, we’re

With RELAY™, you can move data and forms from ZipForm® and also committed to your personal protection and safety. That’s why we began

WINForms®, then connect with clients and affiliates anytime, REALTOR® Safety Week five years ago and annually provide materials to your

anywhere, using a personalized transaction Web site. State and Local Boards to heighten awareness and help educate you on the

issue. The 2007 REALTOR® Safety Week will be observed September 9–15.

Visit www.REALTOR.org/Safety for more information.

Official Forms Software of NAR

RE FormsNet is the producer of ZipForm® and is a joint venture

between NAR and Real Estate Business Services, Inc. (REBS), a

subsidiary of the California Association of REALTORS®. ZipForm®

allows you to generate contracts electronically, increasing your Actions You Can Take:

• Use these services and products that are designated as REALTOR® Owned & Operated

productivity by reducing the time you spend doing paperwork. • Enhance your presence on REALTOR.com® and use it as a marketing tool:

It’s easy to use and works with RELAY™ as part of a complete www.Resource.REALTOR.com or 1-800-878-4166

online transaction system. • Talk to your Local Board or MLS about SentriLock: www.sentrilock.com or 1-866-736-2322

• Utilize RELAY™ to conduct your transactions electronically, saving time and money:

www.rebt.com or 1-866-736-REBT (7328)

• Complete your contracts electronically with ZipForm® to save time:

www.zipform.com or 1-866-MY-FORMS (693-6767)

• Use the tips to help keep you safe on the job at www.REALTOR.org/Safety

• Visit www.REALTOR.org/CRT for more information on how NAR can help solve your technology issues

• Get certified with REALTOR® Secure: www.REALTOR.org/Secure or 1-312-329-8646

• Ask your vendors if they are RETS-compliant: www.rets.org or 1-248-374-1045

*REALTOR® Owned & Operated means the company or program is owned or operated by one or more REALTOR® Associations. • Visit www.REALTOR.org/MembershipGuide





4 PROTECTING OUR PROFESSION: TECHNOLOGY PROTECTING OUR PROFESSION: TECHNOLOGY 5

COMPETITIVE

It Means Something to be a REALTOR® Making Our Value Known









ADVANTAGE

As a REALTOR®, you are set apart from the rest. Clients trust you with the intimidating Public Awareness Campaign

Percentage of consumers who are more

task of buying and selling a home, and rest easy knowing that you are an absolute Consumers know that we’re the gold standard when it likely to hire a REALTOR® than a real estate

professional. Only members of NAR can call themselves a REALTOR®. comes to buying and selling homes. Every year, their trust agent who is not a REALTOR®.









64%



64%

in us grows—thanks to our Public Awareness Campaign.









60%

57%

There is real value in being a REALTOR®.









53%

52%

To keep increasing our presence in the marketplace, NAR

Consumers The REALTOR® Brand creates an advertising campaign each year that highlights

As a registered, collective membership mark, the REALTOR® brand the significant benefits of choosing a REALTOR®.

recognize the is something only you can use as a member of NAR. Consumers

REALTOR® know that there’s a difference between a licensee and a REALTOR®— Now in our tenth year, the campaign goes beyond 2001 2002 2003 2004 2005 2006

and they demand REALTORS®. In fact, a recent study concludes the educating and persuading consumers about the value of CONSUMER PERCEPTION

brand. Use REALTOR® brand generates an average of $32,000 in incremental hiring a REALTOR®. The new ads encourage consumers to

income for every REALTOR® during his or her membership. To main-

* consider real estate as a strong long-term investment and to contact a REALTOR® in

it to your tain its power in setting us apart, the membership mark must be their local market with the call to action, “Every market’s different, call a REALTOR®

advantage. preserved and used properly. Please refer to our trademark guide- today.” Ads continuing to air from 2006 also highlight the honesty and integrity

lines online in the Law & Policy section of REALTOR.org or in the REALTORS® bring to every transaction by committing to a Code of Ethics, and explain

“On Your Mark” brochure. that REALTORS® have the experience to market a seller’s home more effectively,

so it can sell for up to 16% more than selling without representation.

REALTOR® Pride Campaign

The strength of 1.3 million members is a powerful branding tool that should not In 2007, we’re running the public awareness campaign all year long to further

be overlooked. REALTORS® represent trust and professionalism—qualities that increase consumers’ awareness of the REALTOR® brand. In the past six years,

consumers demand when searching for someone to help them make such an the percentage of consumers surveyed who are more likely to hire a REALTOR®

important decision as buying a home. As a REALTOR®, you are the person they’re than a real estate agent who is not a REALTOR® has risen from 52 percent to

requesting. Actively promoting your involvement in NAR as a REALTOR® spells real 64 percent. Leverage that perception to expand your own business. You can

success for your business. Wear your REALTOR® pin and incorporate the REALTOR® use the elements from this campaign to promote yourself to prospective clients—

“R” into your marketing materials to make sure your clients know that you’re add our banner to your Web site, screen the TV

someone they can trust. spots within your presentations or distribute the

“It Pays to Work with a REALTOR®” brochure to drive

Use the power of all of us to propel yourself toward success—promote yourself home the benefits of working with a REALTOR®.

as a REALTOR®.

Take advantage of the REALTOR® brand—and

*Brand Valuation Study, 2005, based on the average member, which has 6–10 years experience realizing $4,500 a year in expand your business.

incremental income due to the marketplace advantages the REALTOR® brand brings to his or her business.









Actions You Can Take:

• Make the most of your membership by actively promoting yourself as a REALTOR® to your prospects

and clients

• Use the REALTOR® “R” everywhere, and be sure to use the registered trademark correctly to maintain the

power of the brand. See the “On Your Mark” brochure for more information:

www.REALTOR.org, search “logo standards,” www.REALTOR.org/Store

• Wear your REALTOR® pin and show your NAR Membership Card: www.REALTOR.org/PrideCampaign

To order pins, visit: www.RealtorTeamStore.com

• Purchase the “It Pays to Work with a REALTOR®” brochure to distribute to prospects:

www.REALTOR.org/Store or the REALTOR Benefitssm Resource Guide

• Add campaign banners to your Web site and show the TV ads during presentations:

www.REALTOR.org/AwarenessCampaign

• Visit www.REALTOR.org/AwarenessCampaign for more on what NAR is doing to promote the

REALTOR® brand

• Visit www.REALTOR.org/MembershipGuide





6 C O M P E T I T I V E A D V A N TA G E : R E A LT O R ® B R A N D C O M P E T I T I V E A D V A N TA G E : P U B L I C A W A R E N E S S 7

COMPETITIVE

What We Stand For Summary of the Articles of the Code









ADVANTAGE

As REALTORS®, we follow a strict Code of Ethics that non-members cannot lay Duties to Clients and Customers

claim to. Our Code represents honor, integrity and service in our industry. It guides Article 1: REALTORS® protect and promote their clients’ interests while treating all

us through our daily interactions with clients, the public and each other. parties honestly.



And it sets us apart from everyone else. Article 2: REALTORS® refrain from exaggeration, misrepresentation or concealment

of pertinent facts related to property or transactions, and do not reveal facts that

Mandatory Ethics Training are confidential.

As one of the primary differentiators of being a REALTOR®, there

Our Code may be no other issue that is more important. That’s why all Article 3: REALTORS® cooperate with other real estate professionals to advance

puts us far REALTORS® are required to complete Ethics Training every four their clients’ best interests.

years to ensure members are upholding the high standard defined

ahead of the by the Code. For your convenience, you can complete your Article 4: When buying or selling on their own account or for their firms, REALTORS®

training online at REALTOR.org or through your Local Board. make their true position or interest known.

competition,

Arbitration and Mediation Article 5: When providing professional services where they have any present or

and assures Due to the nature of our business, good-faith disagreements contemplated interest in property, REALTORS® disclose interest to all affected parties.

consumers of inevitably arise. Arbitration and mediation are used to resolve these Article 6: REALTORS® disclose any fee or financial benefit they may receive from

disputes fairly and quickly. recommending related real estate products or services and accept compensation

our integrity. only with their clients’ informed consent.



Article 7: REALTORS® receive compensation from only one party, except where

they make full disclosure to all parties and receive informed consent from their client.



Article 8: REALTORS® keep entrusted funds of clients and customers in a separate

escrow account.



Article 9: REALTORS® make sure that the details of agreements are put into writing

whenever possible and that parties receive copies.



Duties to the Public

Article 10: REALTORS® give equal professional service to all clients and customers

irrespective of race, color, religion, sex, handicap, familial status, or national origin

and they do not discriminate in their employment practices on any of these bases.



Article 11: REALTORS® are knowledgeable and competent in the fields of practice

in which they engage, or they get assistance from a knowledgeable professional,

or disclose any lack of expertise to the client.



Article 12: REALTORS® present a true picture in their advertising and in other

public representations.



Article 13: REALTORS® do not engage in the unauthorized practice of law.



Article 14: REALTORS® willingly participate in ethics and arbitration enforcement

actions.



Duties to REALTORS®

Article 15: REALTORS® make only truthful, not misleading, comments about

other real estate professionals.



Article 16: REALTORS® respect the exclusive representation or exclusive

brokerage relationship agreements that other REALTORS® have with their clients.



Article 17: REALTORS® arbitrate contractual disputes and specific non-contractual

Actions You Can Take: disputes with other REALTORS® and with their clients.

• Tell clients and prospects you adhere to the REALTOR® Code of Ethics

• Promote yourself as a REALTOR®

• View the full Code: www.REALTOR.org, search “Code of Ethics”

• Visit www.REALTOR.org/COEtraining for more on Mandatory Ethics Training

• Visit www.REALTOR.org and search “arbitration” or “mediation” for more information

• Visit www.REALTOR.org/MembershipGuide







8 C O M P E T I T I V E A D V A N TA G E : C O D E O F E T H I C S C O M P E T I T I V E A D V A N TA G E : C O D E O F E T H I C S 9

COMPETITIVE

Set Yourself Apart









ADVANTAGE

Do you understand foreign negotiating processes? Could you work on a Additional NAR Programs, Designations and Certifications

commercial project if your client had an additional need? Can you reach today’s International

more diverse consumers? Learn to serve international clients in your local market by

Know more than just how to sell a house. Know how to do it with other cultures, gaining understanding of the cultural differences that affect the

in the world of business and more. Put yourself ahead of the pack with specialized process—whether it’s servicing inbound companies, assisting

immigrants with purchasing a home or helping both U.S. and

designations—those who do have a median annual income $42,000 higher than

overseas clients buy vacation homes. NAR International can

REALTORS® without a designation. *

help you maximize your selling and earning potential with these

Institutes, Societies and Councils resources and programs.

CCIM INSTITUTE WorldProperties.com: Access this site to secure listings, sell homes

CCIM: Certified Commercial Investment Member: Commercial and promote yourself worldwide. WorldProperties.com serves agents

investment experts demonstrating unparalleled financial analysis skills. from more than 25 countries, and can assist with cross-border referral

1-800-621-7027 www.CCIM.com certification, property advertising tools and global market information.

1-800-874-6500, ext. 8820 www.WorldProperties.com

THE COUNSELORS OF REAL ESTATE CIPS: Certified International Property Specialist ensures REALTORS®

CRE: Counselor of Real Estate: The designation for only the most success in servicing international clients in their local community.

experienced and trusted advisors in real estate. 1-800-874-6500, ext. 8412 www.REALTOR.org/International

1-312-329-8427 www.CRE.org TRC: Transnational Referral Certification distinguishes REALTORS®

among two million agents worldwide and integrates international referrals

COUNCIL OF REAL ESTATE BROKERAGE MANAGERS into their business plans.

CRB: Certified Real Estate Brokerage Manager: The measure of 1-800-874-6500, ext. 8376 www.REALTOR.org/International

success for real estate brokerage management.

1-800-621-8738 www.CRB.com Commercial

Stay updated on all the issues that affect commercial

COUNCIL OF RESIDENTIAL SPECIALISTS practitioners. Through the REALTORS® Commercial Alliance

CRS: Certified Residential Specialist: Earn the highest designation (RCA), you can obtain specialty area services, education,

for sales associates in the residential sales field. industry research and periodic publications such as the

1-800-462-8841 www.CRS.com Commercial Report e-newsletter, RCA Report, Technology &

IREM®: INSTITUTE OF REAL ESTATE MANAGEMENT Intelligence Briefings CD and the Hot Topics Report series.

Awards the CPM®, the Accredited Commercial Manager, the Accredited 1-888-648-8321 www.REALTOR.org/RCA

Residential Manager® (ARM®) and the Accredited Management

APPRAISAL

Organization® (AMO®) credentials.

GAA: General Accredited Appraiser

® ®

CPM : Certified Property Manager : The premier real estate RAA: Residential Accredited Appraiser

management credential for property and asset managers. 1-800-874-6500, ext. 8393 www.REALTOR.org/Appraisal

1-800-837-0706 www.IREM.org AT HOME WITH DIVERSITY®

1-202-383-1201 www.REALTOR.org/Diversity

REBAC: REAL ESTATE BUYER’S AGENT COUNCIL

AUCTION

ABR®: Accredited Buyer Representative: The mark of excellence

1-800-874-6500, ext. 8441 www.REALTOR.org/Auction

in comprehensive buyer representation services and expertise.

1-800-648-6224 www.REBAC.net e-PRO®

www.eProNAR.com

ABRMsm: Accredited Buyer Representative Manager: Expert

GRI: GRADUATE, REALTOR® INSTITUTE

training for brokers, owners and managers incorporating buyer 1-800-874-6500, ext. 8215 www.REALTOR.org/GRI

representation into their businesses.

RCE: REALTOR® ASSOCIATION CERTIFIED EXECUTIVE

1-800-648-6224 www.REBAC.net

1-800-874-6500, ext. 8545 www.REALTOR.org/RCE

RLI: REALTORS® LAND INSTITUTE REPA: REAL ESTATE PROFESSIONAL ASSISTANT

ALC: Accredited Land Consultant: Brokerage and management 1-800-648-6224 www.professional-assistant.com

experts for all types of land—farms to development. RSPS: RESORT & SECOND HOME PROPERTY SPECIALIST

1-800-441-5263 www.RLILand.com 1-800-874-6500, ext. 8393 www.REALTOR.org/Resort



SIOR®: SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® SRES: SENIORS REAL ESTATE SPECIALIST

1-800-500-4564 www.SeniorsRealEstate.com

The most knowledgeable, experienced and successful industrial and

office specialists. Expect more.

1-202-449-8200 www.SIOR.com Actions You Can Take:

• Take classes to earn NAR designations and certifications

WCR: WOMEN’S COUNCIL OF REALTORS® • Update your member profile in NRDS to include your designations and specialties:

PMN: Performance Management Network: The REALTOR® www.REALTOR.org and click “NRDS” on the top bar

designation that combines today’s real-world skills with WCR’s powerful • Sign up for online designation courses at REALTOR® University: www.REALTOR.org/RealtorUniversity

• Use REALTOR Benefitssm Publications: www.REALTOR.org/Store

nationwide referral network.

• Purchase the “Education Matrix” brochure: www.REALTOR.org/Store

1-800-245-8512 www.WCR.org • Visit the Web sites or call the numbers listed below each section to find out more about these resources

*2005 NAR Member Profile Survey, REALTORS® with a designation earned a median annual • Visit www.REALTOR.org/MembershipGuide

income of $82,900 while members without a designation had a median income of $40,900.



10 C O M P E T I T I V E A D V A N TA G E : S P E C I A LT I E S C O M P E T I T I V E A D V A N TA G E : S P E C I A LT I E S 11

BE

ACTIVE

Keep Your Edge Stay Informed









&

INFORMED

The more you know, the more of an advantage you’ll have. Get more education to We keep each other informed through conventions, seminars, publications and

better market yourself, be more valuable to clients and prospects, be even more Web sites. Get involved today and be active and informed.

efficient and get more business.

REALTOR.org

REALTOR® REALTOR® University Get the latest NAR developments online at REALTOR.org,

University

Take courses, work toward NAR designations and earn updated daily. It is NAR’s official member communication tool,

continuing education credits from the comfort of your own offering a wealth of information and resources, including a

home with REALTOR® University. REALTOR® University offers virtual library, original research and online education. Register

more than 100 hours of online education in sales, marketing at REALTOR.org to access the member-only sections of our

and business skills, and allows you to try classes for free site, and to customize updates you receive from NAR on the

before purchasing. issues that interest you.



e-PRO® REALTORS® Conference & Expo

The e-PRO® certification raises the bar for all REALTORS® in Attending the REALTORS® Conference & Expo keeps you in the

Internet and technical expertise. The training program teaches loop. With insights from more than 200 seminars and more than

how to communicate effectively with, and market to, the online 600 exhibitors on-site to share the newest

consumer and get the most out of your online real estate business. real estate products and services, it’s a

Another available e-PRO® course focuses on the unique needs great place to compare prices, gain valu-

of property managers. The program also keeps you connected able skills and network with colleagues.

to an extended network of REALTORS® after your certification, Nov. 13 –16, 2007, Las Vegas, NV

so you can continue to develop your skills in this area. Nov. 7–10, 2008, Orlando, FL



At Home with Diversity® Midyear Legislative Meetings & Trade Expo

Get a competitive edge in reaching highly profitable, diverse This annual gathering in our Nation’s Capital includes NAR’s

housing markets. See the Community Involvement section on governance meetings, legislative activities and a Trade Expo

pages 14–15 for more information. with more than 300 booths. Free admission to members.

May 14–19, 2007, Washington, DC

On Common Ground May 12–17, 2008, Washington, DC

Learn how to guide your community through smart growth

initiatives and programs with this FREE twice-yearly magazine. REALTOR® Magazine

See the Community Involvement section on pages 14–15 for REALTOR® Magazine delivers the national and regional

more information. perspectives you need to succeed in business—it’s your

monthly source on everything from best practices to trend

watching to tech tips and more.



REALTOR® Magazine Online

Access articles from the print version as well as columns and

online-only features at REALTOR® Magazine Online . Find out

what’s going on in our industry—and what that means for you.



Your source for FREE information online.

You have access to more than 1,400 business, financial and

real estate industry publications, with ProQuest FREE of charge

to members.









Actions You Can Take: Actions You Can Take:

• Register for online classes at REALTOR® University: www.REALTOR.org/RealtorUniversity • Register on REALTOR.org and visit frequently: www.REALTOR.org or Information Central

• Sign up for e-PRO® courses: www.eProNAR.com or www.eProNAR.com/PropertyManagers at 1-800-874-6500

• For more on At Home with Diversity®, visit www.REALTOR.org/Diversity or call 1-202-383-1201 • Register for the 2007 Conference & Expo in Las Vegas: www.REALTOR.org/Conference

• Subscribe to On Common Ground, the magazine about Smart Growth practices: • Attend the Midyear Legislative Meetings & Trade Expo: www.REALTOR.org/Meetings

www.REALTOR.org/SmartGrowth • Receive the most current industry news at REALTOR® Magazine Online: www.REALTOR.org/RealtorMag

• Visit www.REALTOR.org/MembershipGuide • Access free publications: www.REALTOR.org/library and click on “Access ProQuest”

• Visit www.REALTOR.org/MembershipGuide







12 B E A C T I V E & I N F O R M E D : E D U C AT I O N B E A C T I V E & I N F O R M E D : I N F O R M AT I O N R E S O U R C E S 13

BE

ACTIVE

Together, We Can All Make a Difference









&

INFORMED

REALTORS® are leading the way in our Recognizing REALTORS® Who Make a Difference

communities across the country. By We appreciate seeing others make outstanding contributions in our industry. Here are

helping clients find affordable housing programs that recognize REALTORS® that work toward change in their communities.

in our communities, we continue to

Diversity HOPE Awards (Home Ownership Participation for Everyone):

aid the expansion of our local areas— The HOPE Award is granted every two years to those who make

and create great, new opportunities outstanding contributions toward increasing minority homeownership.

for ourselves as well.

REALTOR® Magazine Good Neighbor Awards: Every year,

NAR’s Housing Opportunity, Diversity REALTOR® Magazine honors those of us who have made immeasurable

Housing Smart

commitments to our communities.

and Smart Growth programs work Opportunities Growth

together to improve our communities Helping People in Need

and the lives of the people who live in Our expertise as REALTORS® is unmatched—and that’s why it’s so important that

them. Getting involved with the commu- we connect with the people who need it most. Get involved today and create a

nity isn’t just a good deed—it’s also brighter future for them.

very good for your business. Think about it: expanding your community or market

creates more opportunity, more business ventures and more capital. It’s a winning Habitat for Humanity: NAR has partnered with Habitat for Humanity since 2001 to provide

affordable housing in the host city of our annual convention. In total, REALTORS® have helped

solution for you, and your clients. build 50 homes in New Orleans.

Housing Opportunity REALTORS® Relief Foundation: This foundation raises funds to help families overcome

As a REALTOR®, you know that a lack of affordable housing affects several parts devastation, like we did in New Orleans. In 2006, almost $6 million was raised.

of the real estate market including first-time buyers, low-income families, minorities, National Homeownership Month: Each year, the White House declares June as National

Homeownership Month to celebrate homeownership in America. As recognized leaders in

seniors, the disabled, renters and single-family purchasers, in addition

your communities, we encourage you to support this initiative.

to rental property owners and developers. It is imperative that every-

Getting one is able to find affordable housing opportunities. Get involved and make a change today.

involved That’s where we come in. NAR’s Housing Opportunity Program helps

Remembering Martin Luther King, Jr.

within your you identify and advocate housing opportunities in your community, so

As REALTORS® who abide by our strict Code of Ethics, we wholeheartedly

you can create a brighter future for a family in need, as well as expand

community your own business success. believe in the American Dream—and that everyone should be able to realize

it, regardless of race or ethnicity. We hope to keep Dr. King’s teachings alive

isn’t just a Smart Growth through continued success within our Fair Housing, Diversity and Housing

It’s hard to keep our communities attractive, livable, affordable and Opportunities programs, which help to ensure that every person has an equal

good idea… functioning well when they’re in the midst of explosive growth and opportunity to find their perfect home.

it’s also good change. Whether yours is struggling with transportation and land use

The NATIONAL ASSOCIATION OF REALTORS® is proud to be sponsoring Dr. King’s

issues, crowded schools, preserving open space or working to bring

for business. vacant areas to good use, you are an instrumental force in helping to memorial in Washington, DC, which will inspire peaceful progress toward equality

shape the community’s future. for years to come. The four to five million visitors expected each year will see

NAR’s permanent inscription on the Visitor Center donor wall and recognize our

NAR’s Smart Growth program has all the resources you need with information and commitment to the American Dream. If you’d like to get involved, or find out more

grants to keep the changes coming along smoothly. about the memorial to be unveiled in 2008, visit www.REALTOR.org/MLK today.

On Common Ground: Subscribe to our FREE twice-yearly magazine

that reports on a range of Smart Growth practices and success stories,

for inspiration within your own community. On Common Ground is your Actions You Can Take:

source for all things associated with Smart Growth initiatives. • Get involved in your community or across the country. Work with your Local Board to make change together.

• Visit www.REALTOR.org/HousingOpportunity for more information

Diversity • Attend the Home From Work class and learn how to work with Employer-Assisted Housing (EAH) initiatives,

and better serve your lower-income clients: www.REALTOR.org/HousingOpportunity

Diversity is not only good business—it is the business of the future. More than • Click on “My Account” at REALTOR.org and sign up to receive the Housing Opportunities newsletter to

two-thirds of new households are from the African-American, Hispanic and Asian- find out how to be an agent of change in your own community: www.REALTOR.org

American communities. • Use the Smart Growth Tool Kit, subscribe to On Common Ground and find out more about how to

succeed in fast-growing communities: www.REALTOR.org/SmartGrowth

At Home with Diversity®: The “At Home with Diversity®” certificate • Find out more about Diversity and register for the “At Home with Diversity®” course, available in the

course teaches you how to work with customers from diverse back- classroom and online at REALTOR® University: www.REALTOR.org/Diversity or 1-202-383-1201

grounds. The course is available for CE credit and can be applied • Visit www.HopeAwards.com

toward the CIPS, CRS and PMN designations. • For more on Good Neighbor Awards, visit www.REALTOR.org/RealtorMag and click on the logo

• For more on Habitat for Humanity, visit www.REALTOR.org/Conference

Get involved in your Association—and encourage other REALTORS® to get involved • For more on the REALTORS® Relief Foundation, visit www.REALTOR.org/Relief

too. NAR has a variety of tools that provide time-tested ideas and case studies, • Contact your Association or go online for ideas on how to get involved in National Homeownership Month:

including Diversity Toolkits and the Developing Diversity in Leadership of REALTOR® www.REALTOR.org/Homeownership

• For more on the Washington, DC Martin Luther King, Jr. National Memorial, visit www.REALTOR.org/MLK

Associations manual.

• Visit www.REALTOR.org/MembershipGuide





14 B E A C T I V E & I N F O R M E D : C O M M U N I T Y I N V O LV E M E N T B E A C T I V E & I N F O R M E D : C O M M U N I T Y I N V O LV E M E N T 15

Reward Yourself









The REALTOR Benefitssm Program is YOUR member benefits

program. It provides you value-added offers and savings from

NAR alliance partners and a comprehensive collection of industry

publications. Your support of this program is a smart move—

not only will you save time and money by taking advantage

of unique and valuable offers, but you will also be helping to

keep NAR membership dues low.



REALTOR Benefitssm Partners

Look no further—here you’ll find value-added offers and discounts created just for

you on the products and services you use every day from partners you can trust.

Be sure to make the REALTOR Benefitssm Program your first stop when shopping for

everything from wireless communications and flat screen TVs, to a variety of insur-

ance and financial solutions. You are sure to find just what you’re looking for in the

following categories:



• Insurance/Warranty • International Marketing

• Financial • Office Solutions

Save time • Technology • Industry News

and money — • Marketing • Automotive



and help keep REALTOR Benefitssm Publications

You’ve got to be in the know—and that’s why we offer a comprehensive

NAR dues collection of books, brochures, research profiles and manuals by

NAR and other industry experts to help you enhance your business.

low with the Hundreds of publications are available at the REALTOR.org Store in

REALTOR these categories:



Benefitssm Buying/Selling: We’ve put together the most important information

to give your clients regarding the buying or selling of their homes.

Program.

Investing: Follow our guide and learn to invest your money wisely—

in your business and beyond.

Professional Development: Be savvy about your industry—with these guides

that cover everything from marketing to customer interaction.

Legal Issues: Learn the rules regarding everything from Fair Housing to lead paint

exposure, and how to work through them.

Broker/Research Resources: Research any particular market and get advice

from fellow professionals.





Check the accompanying REALTOR Benefitssm Program Resource Guide to see a

detailed list of partners, publications, products and services available.









Actions You Can Take:

• Use partner solutions: www.REALTOR.org/RealtorBenefits

• Purchase publications: www.REALTOR.org/Store

• Reference the enclosed REALTOR Benefitssm Program Resource Guide

• Visit www.REALTOR.org/MembershipGuide





16 B E A C T I V E & I N F O R M E D : R E A LT O R B E N E F I T S S M P R O G R A M

NAR 2007 Officers



These leaders are listed here to serve as your direct contact if you should encounter any issues.

Please don’t hesitate to contact them so that, together, we make the most of your membership.



President Senior Vice Presidents

Pat Vredevoogd Combs, ABR, CRS, GRI, PMN Janet Branton

Senior Vice President AE/Leadership,

President-Elect International and Specialties

Richard F. “Dick” Gaylord, CIPS, CRB, CRS, GRI AE & Leadership Development, Business Specialties,

REBAC, International, REALTORS® Land Institute

First Vice President

Jerry Giovaniello

Charles McMillan, GRI

Senior Vice President Government Affairs

Treasurer and Chief Lobbyist

Bruce F. Wolf Legislative Advocacy, Political Fundraising, Policy

Development, Grassroots Mobilization

Immediate Past President Bob Goldberg

Thomas M. Stevens, CRB, CRS, GRI Senior Vice President Marketing and Business

Development, and Commercial Services

Vice President & Liaison Marketing, Promotion, Business Development, REALTORS®

to Committees Commercial Alliance, NAR Booth/Member Outreach,

Peggy Ann McConnochie, e-PRO, GRI Marketing Research, REALTOR Benefitssm Program, Product

Management, Education Services, REALTOR.com®

Vice President & Liaison Doug Hinderer

to Government Affairs Senior Vice President Human Resources

Monty Newman and Office Services

Employment, Employee Relations and Training, Compensation

Executive Vice President/ and Benefits, Mail Services, Office Services, Building Services

Chief Executive Officer

Dale A. Stinton, CAE, CPA, CMA, RCE Laurie Janik

General Counsel, Senior Vice President

For NAR staff contact information, Law and Policy

visit www.REALTOR.org/Infoexp.nsf Legal Affairs, Professional Standards, Multiple Listing Policy,

Membership Policy

David Lereah

Senior Vice President and Chief Economist

Research, Forecasting, Strategic Planning, Real Estate

Services, Regulatory and Industry Relations

Mark Lesswing

Senior Vice President and

Chief Technology Officer

Information Central, Information Technology Services,

Center for REALTOR® Technology

Frank J. Sibley

Senior Vice President Communications

and Publisher, REALTOR® Magazine

Convention Services, Public Affairs, Public Awareness

Campaign, Publications, REALTOR.org,

REALTOR® Magazine Online





NAR Contact Information

Information Central NAR Headquarters

1-800-874-6500 430 North Michigan Avenue

InfoCentral@REALTORS.org Chicago, IL 60611-4087

www.REALTOR.org

NAR Washington Headquarters

REALTOR.com® 500 New Jersey Ave., N.W.

1-800-878-4166 Washington, DC 20001-2020

Customercare@REALTOR.com

www.REALTOR.com Phone: 1-800-874-6500

www.REALTOR.org


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