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National Association of Realtors – NAR

Definition

The National Association of Realtors, whose member brokers are known as realtors, is a North American trade association for those who work in the real estate industry. It has over 1.1 million members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.

National Association of Realtors - NAR

What is 'National Association of Realtors (NAR)'

The National Association of REALTORS (NAR) is a national organization of real estate brokers, created to promote the real estate profession and foster professional behavior in its members. The association has its own code of ethics to which it requires its members to adhere.

Explaining 'National Association of Realtors (NAR)'

In 2015, the NAR's membership increased to over 1.1 million. It claims to be the largest trade association, comprising real estate brokers, salespeople, property managers, appraisers, counselors as well as others in the real estate industry. Members belong to one or more of the 1,300 local associations/boards and 54 state and territory associations of Realtors or to one of 87 cooperating associations in 66 countries.

Research Division

There is a research division that collects and disseminates real estate data and conducts economic analysis. Delivery of this information takes place via press releases, reports, presentations, and daily blog posts about the overall economy and housing market.

Strategic Plan and Benefits

The NAR annually updates its strategic plan to reflect the challenges and opportunities that the association and the real estate industry expect to confront during the next three to five years.


Further Reading


Markets and housing finance
www.sciencedirect.com [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …

How housing booms unwind: income effects, wealth effects, and feedbacks through financial marketsHow housing booms unwind: income effects, wealth effects, and feedbacks through financial markets
www.tandfonline.com [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …

Bank capital, nonbank finance, and real estate activityBank capital, nonbank finance, and real estate activity
www.jstor.org [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …

Prices of single family homes since 1970: New indexes for four citiesPrices of single family homes since 1970: New indexes for four cities
www.nber.org [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …

Technology and real estate brokerage firm financial performanceTechnology and real estate brokerage firm financial performance
www.jstor.org [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …

The accuracy of home owners' estimates of house valueThe accuracy of home owners' estimates of house value
www.sciencedirect.com [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …

Technology and Realtor® incomeTechnology and Realtor® income
link.springer.com [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …

The central role of home prices in the current financial crisis: how will the market clear?The central role of home prices in the current financial crisis: how will the market clear?
www.jstor.org [PDF]
… size, age, etc.) are maintained in a mandatory property registry, appraisers can more accurately value prospective homes for the lenders … et al., 2006, Green and Wachter, 2005, Lin and Yang, 2005, Tiwari and Moriizumi, 2003, National Association of Realtors, 2000a, National …



Q&A About National Association of Realtors – NAR


What is the National Association of Realtors?

The National Association of Realtors is a national organization of real estate brokers created to promote the real estate profession and foster professional behavior in its members.

What does NAR stand for?

NAR stands for National Association of Realtors.

Why should you read these blog posts?

These blog posts will give you an idea about how the economy and housing market are doing at any given time.

What is the current name?

The current name is "National Association of Realtors."

Who are members of NAR?

Members include real estate brokers, salespeople, property managers, appraisers, counselors as well as others in the real estate industry.

How did it change its name to its current one?

It changed its name to "The National Association of Real Estate Boards" in 1916.

How many people are members of NAR?

Over one million people belong to NAR.

When was NAR founded?

NAR was founded on May 12, 198 as the i National Association of Real Estate Exchanges i .

Where can you find information about the overall economy and housing market from NAR?

You can find this information on their blog posts daily.

Is there anything else that we should know about this association or its mission statement?

Yes, it has a code of ethics which all its members must adhere to while conducting business with clients or customers."

Are there other ways that you can get information from them besides reading their blogs or press releases?

Yes, they also release reports and presentations that contain useful information regarding economic performance and housing market trends over time.

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