National Association of Realtors - Wikipedia, the free ...

For general information about real-estate brokers in the United States, see Real Estate broker. Realtors Please help rewrite this article from a neutral point of view. For blatant advertising that would require a fundamental rewrite to become encyclopedic, use {{db-spam}} to mark for speedy deletion. Members belong to one or more of some 1,600 local Realtor boards or associations. They are pledged to a code of ethics and standards of practice,[4] which includes duties to clients and customers, the public, and other Realtors. Trained members of the association form hearing panels charged with the responsibility of hearing testimony and evaluating evidence from complaints filed by the public or other members against association members for alleged violations of the code of ethics. If the panel finds the member in violation, disciplines recommended may be one or more of the following: a letter of warning or reprimand, educational courses, suspension or expulsion of membership, fines up to $5,000 and probation. All recommended disciplines by professional standards hearing panels are subject to the ratification by the association's board of directors before the discipline takes effect. However, in the United States, the National Association of Realtors in 1949 and 1950 obtained registrations for the words "Realtor"[6] and "Realtors"[7] as collective trade marks. In broad interpretations, this is deemed to prevent a buyers' agent from providing a credit to his or her buyers from commissions received. Currently, there are 10 states where real estate agents and brokers are barred from offering homebuyers or sellers cash rebates or gifts of any kind with a cash value more than $25. The Real Estate Buyers Agent Council has over 40,000 members and is the largest association of real estate professionals focusing on all aspects of buyer representation. Of the REBAC members, over 30,000 have completed REBAC's two-day course and provided documentation of buyer agency experience. ALC's are specialists in land brokerage transactions, including farms and ranches, raw land sales and development. CCIMs are specialists in commercial real estate brokerage, leasing, valuation and investment analysis. There are more than 7,500 designees and an equal number of candidates principally in North America, but also in Asia and Europe. Geared to real estate property management specialists, designees handle all forms of management from residential to commercial to industrial. The designation is awarded to Realtors who have completed the Council's advanced educational and professional requirements. An e-PRO is a Realtor who has undergone a new training program presented entirely online to be certified as Internet Professionals. This is not a designation but rather a certification sponsored by NAR. Realtors with the CIPS designation have training and hands-on experience in international real estate transactions, Whether traveling abroad to put transactions together, assisting foreign investors, helping local buyers invest abroad, or serving an immigrant niche in local markets. The CIPS network consists of 1,500 real estate professionals from 50 countries. The GRI designation is held by 19% of Realtors and courses are offered through state Realtor associations with 90 hours of coursework on marketing and servicing listed properties to real estate law. In a 2003 survey, NAR has determined that GRIs earned over $33,200 more annually than non-designees. Designed for administrative assistants or employees of Realtors (who may or may not hold a real estate license), a two-day certificate course provides an intensive introduction to the real estate business and to the specific ways support staff can become valuable assets to their employers. The SRES is a designation for Realtors to address the needs of home buyers age 50-plus, the largest and wealthiest buyer's group in the country. Of this sum, an average of 47% has gone to Democrats and 53% to Republicans. The show includes a 3-minute segment reporting on market conditions at the bottom of each hour, optional for stations to air. Settlement opens listings to online real estate agents. Please improve this article by removing excessive and inappropriate external links.