After Agents Complain about Dues, Real Estate Broker Leaves NAR, The National Association of Realtors
Residential real estate firm pulls out of powerful national association to cut costs.
(Boonton, NJ, March 1, 2011) — Ron Roe considers himself an avid supporter of the National Association of Realtors. He spent 10 years on the board of the South Carolina Association of Realtors, and he routinely made $500 donations to RPAC, the Realtors' lobbying arm.
But, in the March issue of industry newsletter Real Estate Broker's Insider, Roes says he is ending his 500-agent company's affiliation with the prominent trade group.
His brokerage, Russell & Jeffcoat Real Estate Inc. of Columbia, SC, recently pulled out of the local Realtor association and dropped the Realtor trademark from its name.
Roe says he had little choice but to leave the Realtors' fold.
Agents chafed at the $431-a-head annual membership fee collected by the Central Carolina Realtors Association. That was in addition to the $544-a-year fee for agents to belong to the Multiple Listing Service, which is separate from the Realtors Association.
In a difficult economy, agents just didn't feel they were getting enough from their Realtor membership to justify the cost. It didn't help that dues for the Central Carolina Realtors Association had steadily risen.
"All of our managers and a majority of our agents did not want to have to be members," he says. "The agents and managers didn't see the value."
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