NAR

National Association of Realtors (NAR): An Overview

The National Association of Realtors (NAR) is a significant and influential organization in the American real estate industry. Established in 1908, NAR is the largest trade association in the United States, representing over 1.4 million members, including residential and commercial realtors, salespeople, property managers, appraisers, counselors, and others engaged in all aspects of the real estate industry. Members of NAR are known as Realtors, a registered trademark term that distinguishes members who adhere to a strict code of ethics and professional standards set by the association. NAR’s primary mission is to empower its members to achieve success and profitability in their business while maintaining the highest ethical standards.

Advocacy and Influence

NAR plays a pivotal role in shaping real estate policy and legislation at the local, state, and national levels. The association is known for its strong advocacy efforts, lobbying on behalf of real estate professionals and property owners. NAR’s influence extends to critical areas such as tax policy, property rights, housing affordability, and environmental regulations. Through its political action committee, the Realtors Political Action Committee (RPAC), NAR ensures that the interests of the real estate industry are well-represented in the political arena. This advocacy is crucial in ensuring a favorable business environment for its members and in promoting homeownership and real estate investment across the United States.

Education, Research, and Resources

NAR is committed to providing its members with a wealth of resources, educational opportunities, and research to help them stay at the forefront of the industry. The association offers a variety of educational courses, certifications, and designations that enable real estate professionals to specialize and excel in different areas of the industry. NAR’s research department provides valuable insights into market trends, economic indicators, and housing statistics, which are essential tools for realtors in their day-to-day business operations. Additionally, NAR provides a range of business tools, technology resources, and legal support to help its members navigate the complexities of the real estate market effectively.