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November 20, 2007 by Joe Kennedy.
Since NAR and the local Realtor Associations have been unfairly picking on “the media” and blaming it for the current state of the real estate market, I don’t have a lot of great things to say about these organizations. With yesterday’s news that NAR has decided to provide $10 million and up to $5 million more to start a credit union, I have an even less positive view of them.
I am a member of these organizations because I am a real estate professional and value some of what they do for the industry - ok, in San Diego, I have to be a member to have access to the MLS - or I wouldn’t be a member. I certainly do not want to be a part of a NAR Credit Union (I already have bank accounts and am a member of another credit union) - and have a hard time thinking that part of my (very high) dues are going to pay for this. In my opinion, NAR is not doing a very good job of what it should be doing - helping it’s members (Realtors) provide the public with the best possible information relating to any type of real estate transaction. Until they get a better handle on that major challenge, they should not be spending their time or our money (even thinking about) getting into other types of businesses.
What is your opinion?
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