Agent2Agent in San Diego>Question Details

Trulia San D…, Home Buyer in San Diego, CA

Is there a strategic benefit to not joining NAR?

Asked by Trulia San Diego, San Diego, CA Fri Apr 26, 2013

Help the community by answering this question:

Answers

20
Akil Walker’s answer
0 benefit. Being a member of NAR offers a ton of discounts on services such as rentals and sprint service not to mention all the legislation that is done on behalf of realtors.

you may save a few dollars but it will end costing you more.
2 votes Thank Flag Link Sat Apr 27, 2013
As a REALTOR I can't imagine NOT belonging to NAR. Members are held to a higher standard which our clients deserve, and the benefit that comes with belonging to an organization dedicated to helping our clients achieve home ownership.
2 votes Thank Flag Link Sat Apr 27, 2013
The Benefit....is showing your client you are willing to hold yourself to a higher standard. Since this "Benefit" question came up its been interspersed with comments about Ethics and Higher standards. If you were the client and had a choice which one, if after reading these comments would you choose? One who is a NAR member or one who isn't? I think it very obvious
1 vote Thank Flag Link Tue Apr 30, 2013
There are tons of benefits:
- You don't have to pay dues
- You don't have to abide by the Code of Ethics
- You don't have to attend any of the training that can help build your business
- You don't have to work for an office that requires NAR membership (though most do...)
- You don't have to refer to yourself as a REALTOR®
1 vote Thank Flag Link Tue Apr 30, 2013
NONE that I can gather.


Belonging to NAR says you have set yourself to adhere to a higher level of ethics and professionalism beyond your state department of real estate's requirements.

Not to mention the educational materials you gain access to.

Kawain Payne, Realtor
1 vote Thank Flag Link Sun Apr 28, 2013
The benefit is in the eye of the beholder. Belonging to NAR implies that you adhere to a higher level of ethics. It doesn't make it a foregone conclusion. I do, though, feel that if it can't hurt and it may help, then it's something that should be done.
Flag Sat Aug 31, 2013
If you are a RTealtor you need to belong ansd support the NAR. They are our watch dogs and educators. It isn't a savings, it is your loss.
1 vote Thank Flag Link Sat Apr 27, 2013
I have to disagree that the benefit of not joining NAR is "saving money",,,,,you may think you are but your not in the long run. Its like not getting your car tuned or going for a check up, you will lose or pay more in the end by not being current on real estate activities and having an advocate. A loss is not a benefit. Do you really enjoy the cheap seats?
1 vote Thank Flag Link Sat Apr 27, 2013
Hello Trulia,

Is this a trick question? Have you become that powerful that you are contemplating starting up a real estate board? All kidding aside, I could write an essay as to the benefits of being part of NAR. What I can't do is talk about the downsides, as there really are none (other than perhaps the annual dues, which are reasonable). I'm hoping that your list of questions which often provokes a myriad of answers that have different takes will continue. I will just chalk this one up to a brief hiccup.

Sincerely,

Chad Basinger, REALTOR®, CPA, CFP®
858-997-3704
chad@chadbasinger.com
Web Reference: http://www.chadbasinger.com
1 vote Thank Flag Link Sat Apr 27, 2013
yes, you save money.
You'll need it...
....to complete your strategicly designed exit strategy.

Best of Success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, Fl
727.420.4041
http://RealEstateMadeEZ.us

PS: The real answer to your question depends on how you defined your real estate business. If you have a well defined and reliable virticle market, NAR may not be "all things" to such a business.
1 vote Thank Flag Link Sat Apr 27, 2013
Hi Trulia,
NAR is the real estate communities' advocate to help people achieve and feel good about home ownership. They fight proposed bills and legislation that affect buyers and sellers of properties and other real estate issues that could have a negative impact on home ownership.

Yes, real estate agents who are REALTORS® must abide by the Code of Ethics and Standards of Practice from NAR. They also must contribute yearly dues to NAR to aid them in their efforts.

So...the benefit to not joining is that you don't have to pay the yearly dues nor help in contributing to the national cause of helping people achieve home ownership. Hmmm...

My belief is that every person who is serious about selling residential real estate should be involved in the cause to aid property owners.

Thanks for your thoughtful question.

Laura Feghali
Prudential Connecticut Realty
1 vote Thank Flag Link Fri Apr 26, 2013
I doubt your local MLS or Broker would allow it. They are our watchdog and advisor and are truly a great thing to have in our corner. Don't want to bite off the hand that helps feed you.
1 vote Thank Flag Link Fri Apr 26, 2013
Good answer Hector...I like it!
1 vote Thank Flag Link Fri Apr 26, 2013
Maybe you don't want the hassles of making money, spending money, and having to pay taxes... Making money as a REALTOR can get in the way of you being in your social programs like section 8, food stamps, etc.
1 vote Thank Flag Link Fri Apr 26, 2013
Wow.
Flag Fri Apr 26, 2013
I belong to NAR because of the support agents and buyers/sellers receive. But, come on, there are PLENTY of unethical Realtors. Being a Realtor does not guarantee an agent will have ethics. Dual agency plays a huge roll in this in California, and CAR does nothing about it, so the problem goes on and many brokers even make it financially beneficial for agents to keep both sides of a sale in house. There's no way that helps a seller. So, there are many agents, whose basic responsibility should be to their seller's financial interests, completely and knowingly mislead them for their own financial benefit. Because of this, some states have made dual agency illegal.

People who need a lobby to force them to be ethical human beings, aren't all of a sudden going to become ethical people, as is very evident these days. Other than that, I fully support NAR.
0 votes Thank Flag Link Tue Apr 30, 2013
The answer is quite simple. There is no benefit to you or your clients. In joining they are a Real Estate Agents best advocate, public and governmental.As a Realtor they are constantly working for you and the Home Owner to uphold our rights to practice Real Estate.They are also a "watch dog" group. When something is about to come before our state to be reviewed as a regulation or law to Agents or Home Owners, we get a call to action email to read and review and then give our experienced opinion to our State Representative. Also all the informative and educational information. Its all there for our use. When you have a license to practice Real Estate it is a must to keep up for you and your clients. On another note, if a Realtor is not following the Code of Ethics it is your obligation to notify his Broker, because your or the other Realtors client has probably been compromised in some way. So there is absolutley no benefit to not joining the NAR
0 votes Thank Flag Link Sat Apr 27, 2013
Ms Laura is correct in what NAR stands for and what our yearly contributions are used for and an assocciation with a higher standards and in hopes that Realtors abide by its Code of Ethics. Well said Ms Laura.
0 votes Thank Flag Link Fri Apr 26, 2013
I know of brokers that are not part of NAR that are making money are not bound to the Code of Ethics but follow a sense of professionalism and put their clients interest before theirs. But if you are an agent under a broker and want to be part of the brokerage am pretty sure you would have to be a member of NAR. Now by being part of NAR and it is highly recommended to adhere to the Code of Ethics I also know of Realtor's that DO NOT adhere to the Code of Ethics and are members of NAR. So, whether you are a member or not it does not make you a better or worse Realtor / Agent.
0 votes Thank Flag Link Fri Apr 26, 2013
I agree with Charles as well. With the pace of technology changes even MLS Boards are becoming truly obsolete since there are tons of other channels to market for Buyer and Sellers that these board will have to go by the way side.
0 votes Thank Flag Link Fri Apr 26, 2013
The short answer to your question is: NO

I cannot imagine that anyone who is serious about selling real estate as a profession would choose not to be a member of The National Association of REALTORS

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
DRE#00901872
.
0 votes Thank Flag Link Fri Apr 26, 2013
Yeah, you don't have to be bound by the Code of Ethics . . .
0 votes Thank Flag Link Fri Apr 26, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer