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Real Estate Associations

Quick post-REALTORS® Conference & Expo catch up

(REAL ESTATE) The National Association of Realtors just wrapped up their annual conference where they dug into critical industry issues – you can catch up here.

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Quick post-REALTORS® Conference & Expo catch up

The National Association of Realtors (NAR) just wrapped up their annual conference, and it was packed full of information and news releases. Take a quick scan below and click to access the news you are most interested in (and if you haven’t gone before, start making plans for the 2019 REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. in May, 2019 – we’ll see you there)!


Here is a list of sessions, and if you see a microphone next to one you’re interested in, there’s playback available. Whether you weren’t able to attend, or you were just pulled in too many different directions, the good news is that NAR makes playback an option!

The 2019 REALTORS® Legislative Meetings & Trade Expo is in Washington, D.C. next May and if you want to take part in impacting real change, make your way out East.

The American Genius' real estate section is honest, up to the minute real estate industry news crafted for industry practitioners - we cut through the pay-to-play news fluff to bring you what's happening behind closed doors, what's meaningful to your practice, and what to expect in the future. Consider us your competitive advantage.

Real Estate Associations

Realtors give to charity 46% more than the national average #NoSurprise

(REAL ESTATE) Americans give generously to charity, but Realtors contribute at a much higher rate than the national average.

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realtor charity

Americans remain one of the most philanthropic nations on the planet, contributing to innumerable charitable causes. Fully 56.6 percent of Americans give to charity annually, yet the Realtor population donates 82.0% percent, far higher than the national average.

People outside of the industry may be surprised, but I have personally never known a more generous population than the real estate community, not just with money, but with time and talent. And not just luxurious galas, but in quiet ways no one will ever know. This community is truly kind, and comes together like none other when others in the industry are down.

The Community Aid and Real Estate (CARE) Report, from the National Association of Realtors (NAR), also revealed that members, broker-owners, and Association Executives (AEs) all donate money and volunteer time while supporting their local Realtor Associations.

NAR members indicate that being involved in their community is actually a part of their business plan, ingrained in the core of their business.

Sure, Realtors survive on the strength of their network, so it is certainly incentivized more than the average American, but let me tell you – when my Irish twin died in 2007 at age 24, so many people in the real estate community anonymously gave a tremendous amount of money to help his wife and two babies, and sent in offers of how they could volunteer time to make the situation less painful.

“The findings in this report highlight what we’ve known all along – that Realtors® go above and beyond to serve their neighbors,” said NAR President John Smaby, a second-generation Realtor® from Edina, Minnesota and broker at Edina Realty. “Realtors® across the country not only work to help people achieve the American dream, but they also work hard to make a difference in our communities and make them better places to live.”

The report found that 64 percent of Realtors are encouraged by their firms to volunteer time (while 80 percent of broker-owners say they encourage their agents to be involved). Fully 66 percent of members at-large volunteering for a median of eight hours monthly, while 77 percent of broker-owners volunteer for a median of 10 hours per month, and lastly, 85 percent of AEs and MLS staff volunteer monthly for a median of 10 hours per month.

Next year marks the 20th year of the NAR Good Neighbor Awards which has awarded $1.2 million in grant money and recognized over 200 Realtors for their charitable service.

And what is striking is that most winners we’ve interviewed over the years would tell you they didn’t know the award existed when they began their philanthrophy, and despite winning awards, these are humble people that aren’t focused on awards, rather on being the best stewards they possibly can in their own communities.

To those inside of the real estate community, this widespread generosity of time, talent, and money to charity is no surprise.

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Real Estate Associations

Have you wondered how to join a NAR committee? Here’s the nitty gritty

Real change begins with social activism, and being on a NAR committee is one impactful way to enact said change. It’s one thing to complain, but another to take action.

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Everyone says we all need to “raise the bar,” but many focus their efforts on just complaining on Facebook (don’t look at me like that, you know it’s true). Getting involved sometimes means dedicating your time to help the industry to change, to evolve. Realtors can join committees ranging from the diversity committee to professional standards to affordable housing.

Last week, committees met at Midyear (The REALTORS® Legislative Meetings & Trade Expo) which is where NAR members take an active role to advance the real estate industry, public policy and the association. REALTORS® go to Washington, DC, every May for special issues forums, committee meetings, legislative activities, and the industry trade show.

Committees are armies of volunteers

Committees help shape the direction of NAR and its policies, thus evolving the industry. If you want your voice to be heard and want to contribute to the decision-making process, NAR’s committees are a great forum for debate and discussion.

Further, experience on national committees is beneficial for those interested in seeking a future leadership role.

The 3 stages in the process

According to NAR, there are three main stages in the committee selection process. The first stage is the committee application period from March to May the year prior to the appointment year. A member expertise profile is required to show NAR leadership the experience you have beyond what is written in the application form.

The second stage is the selection process. State Association Executives (AEs) have an opportunity to review and rank applications and provide feedback on applications for their state. All appointments are approved by the incoming President.

The final stage is the notification process. Chairs and vice chairs receive an appointment letter between mid-July and late August. All other positions receive an appointment letter via email in early October.

Many are called, few are chosen

Unfortunately, with only 2,500 positions available, NAR is unable to appoint everyone who submits an application. They encourage members to try again the following year if not selected. Also, potential candidates should consider committee opportunities at the state and local level to gain experience.

Many of those serving on national committees have had years of experience at the local or state level, but that doesn’t mean first timers don’t make the cut, so put your hat in the ring. It’s a much more meaningful step than just commenting on Facebook, no?

#NARcommittees

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National Association of Realtors

What NAR’s senior management hires reveals about their strategy

(REAL ESTATE) The National Association of Realtors (NAR) has hired two powerhouses, and their choices speak volumes of what to expect from the trade group going forward.

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The National Association of Realtors (NAR) confirms two top hires – Victoria Gillespie as the new Chief Marketing & Communications Officer, and Shannon McGhan, the new Sr. VP of Governmental Affairs.

These two hires reveal two major signals from NAR.

First, and most unavoidable, these are two rising stars that happen to be women, putting more females in the boardroom which the industry has struggled to do, even in recent decades. In fact, McGhan is the first female in her role in NAR’s 110-year history.

Secondly, these two executives are extremely qualified and come from within their respective segments to serve their roles, and clearly prove CEO Bob Goldberg’s continuing to boldly restructure the corporate organization of the association since his taking the reigns last year.

McGahn will fill the very big shoes of Jerry Giovaniello who retires this year after nearly four decades at NAR and a stellar record of successes. McGhan is sharp and modern – she cut her teeth on the Hill as communications director for the House Republican Conference, and spent over six years serving in various policy communications roles for the House Republican Conference, the Office of the House Majority Leader, and Congresswoman Jennifer Dunn (R-WA). She served as counselor to the secretary of the U.S. Treasury, spearheading relationships with members of banking and tax writing committees alongside House and Senate leadership, managing legislative agendas and priorities.

“I’m excited to join NAR and bring my experience in the legislative and executive branches to support policies that not only benefit members, but promote property ownership for everyday Americans,” said McGahn. “On behalf of NAR’s 1.3 million members, I look forward to promoting the American dream of homeownership, bolstering private property rights and emphasizing the financial security and other associated benefits of owning real property.”

NAR has hired an up-and-comer that knows the intricacies of inside baseball to handle the policy nuances.

Equally impressive is the fact that they’ve also brought on a power player, Gillespie, who has owned her own real estate agency for over 12 years, and served as Sr. VP of Enterprise and Marketing Communications for Northwest Federal Credit Union. She’s extremely well versed in real estate and finance, a powerful combination for the next communications leader at NAR, as the trade group seeks to tackle the daunting and endless task of strengthening their relationship with consumers and activating the Realtor brand.

“I’m thrilled to take on this new role at NAR and put my knowledge of the real estate industry to use for our members,” said Gillespie. “Having spent much of my career in the industry, there are tremendous opportunities to increase the awareness of the value and services that NAR offers so that our members understand that NAR is a radically member-centric organization. I look forward to working with our talented team to do so.”

“The addition of Victoria and Shannon’s strategic leadership to our already powerful team will help us once again make real estate a topline issue,” said Goldberg. “Together, they will lead our strategic direction in Washington and around the country to better serve our members’ interests.”

The combination of these two hires strongly indicates powerful, modern communications and policy strategies in coming years. In short, these hires indicate that they’re not messing around.

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