NAR’s Value Proposition
The National Association of Realtors’ CEO, Dale Stinton presented NAR’s value proposition during the 2010 budget proposal at the Board of Directors Meeting at the 2009 Midyear Legislative Meetings in Washington D.C. and recently we’ve spent time discussing NAR legislation.
Below are the four slides in Stinton’s presentation:
To Break it Down Further
Let’s take a look at Stinton’s value proposition in order of dollar value:
Here’s how NAR dues are allocated according to percentage:
Based on the current 1.2 million* NAR members, here’s how much NAR collects annually per category:
Because Stinton laid out the affordability to the individual Realtor (who only pays $1,280 over 20 years), we thought it would be fun to see how those dues add up in NAR’s accounting department over 20 years:
Interesting trivia, no? It’s intriguing how all monies are allocated and it’s equally interesting what is free. I am personally grateful for all of the volunteer work done for the members and support NAR’s not directly charging for things like Sentrilock. It’s notable that NAR revenue also comes from other sources like advertising dollars from conference vendors and sponsors, advertisers of Realtor Magazine, Realtor Magazine Online, Realtor Magazine E-Newsletters, Realtor AE Magazine and sponsors of the Realtor Magazine Good Neighbor Awards, Realtor Magazine Young Professionals Network, and Realtor Benefits Program. Did you learn anything here today? What are your thoughts?
*count provided by the National Association of Realtors is approximate