The Florida Association of Realtors has formed a new for-profit subsidiary, Real Estate Industry Solutions LLC, to keep pace with ever-changing business demands, the group said today. "This is a historic moment in the evolution of FAR," said FAR's 2005 President Frank Kowalski. Other large state Realtor associations, including the California Association of Realtors, have established similar subsidiary companies. The subsidiary will allow the Florida Association of Realtors to continue to concentrate on its core mission of serving Florida Realtors as a not-for-profit professional association and yet also meet the membership's growing business challenges, Kowalski said. The subsidiary's board of managers held its first meeting June 29 and elected Jacksonville Realtor Cathy E. Whatley a...
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