At its May 9 meeting, the National Association of REALTORS® Board of Directors voted to keep NAR dues at $156 per member for 2025.
In a report from NAR Treasurer Greg Hrabcak, directors learned that as of April 30, “membership is tracking favorably to plan and increasing each month.” (See “Keeping Tabs on NAR’s Membership.”)
In addition, Hrabcak reported, the association has received an unqualified opinion from its auditor, Grant Thornton, on combined financial statements, including NAR, its subsidiaries, and its affiliated institutes, societies and councils.
Professional Standards
Directors approved three recommendations from the Professional Standards Committee, an amendment to Article 4 of the Code of Ethics and new Standards of Practice 4-1 and 4-2—designed to ensure the Code provides further clarity on conflicts of interest and protects buyers, sellers, lessors and lessees. The amendments will take effect on Jan. 1, 2025, if they are approved by the NAR Delegate Body in November. Read more.