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by CareyBot

The National Association of Realtors will raise membership dues in 2008 as part of an initiative that has a goal to raise $60 million to $100 million in the next three to five years for a variety of projects, including the creation of a technology corporation and a credit union. The $16 annual dues increase approved by the association's directors on Saturday would bring NAR membership dues to $80, a rate that would continue through at least 2010. Also, directors approved a continuing special assessment of $30 per year in 2008 to pay for the advertising related to the association's public awareness campaign and an increase to $35 per year for that special assessment in 2009 and 2010. Membership in the association, which reached a peak of 1.36 million last year, is projected to dip to 1.32 m...