Industry News

Realtor association manipulates members

Opinion: 'Paranoid' argument about banking rules designed to rally troops
Published on Feb 23, 2004

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by CareyBot

Has the National Association of Realtors succumbed to paranoia over the prospect of national banks getting into the real estate business? Or has the association launched a deliberate campaign of misinformation to raise money for its lobbying activities?

A press release the 970,000-member organization released last week about federal banking laws appears to be so farfetched in its assertions that it suggests the folks at NAR have gone at least a little bit bonkers.

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