FCBRs leadership is very pleased to see this enacted - NAR Board OKs Mandatory Core Association Standards In a sweeping move to improve the professionalism of associations of REALTORS® across the country and the level of service they provide to members, the NAR Board of Directors today passed a set of mandatory standards that touch on every aspect of association operations. This is an issue of professionalism in our industry, said Andrea Bushnell, chair of the Organizational Alignment Presidential Advisory Group (PAG), which drafted the standards. We want to ensure unity within—and the long-term viability of— the 100-year-old REALTOR® organization. All three levels of the organization must thrive together as a true and strong association, rather than acting as group of independent but federated organizations. Specifically, the country’s approximately 1,400 state, local, and territorial associations have to meet standards in six areas: 1) Code of Ethics education and enforcement, 2) advocacy, 3) consumer outreach, 4) organizational unification, 5) technology, and 6) financial solvency. Among other things, under the new standards, associations must: · Provide Code of Ethics training · Participate in Calls for Action · Make an effort to collect fair-share contributions to the REALTORS® Political Action Committee, or write a check to cover the fair share · Promote the value proposition of using a REALTOR® · Maintain a strategic or business plan · Maintain a website with links to other levels of the association · Meet minimum financial performance The Board approved up to $20 million to help associations meet their new responsibilities: $5 million helps associations create or update their strategic plan; $3 million helps states implement the standards; and $12 million to facilitate association mergers or dissolutions.Access the PAG report.
Posted on: Sat, 17 May 2014 19:48:35 +0000
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