BrokerageIndustry News

Association execs worry NAR dues increase would dent membership

Vote on 'Realtor Party Political Survival Initiative' looms Saturday
Published on May 11, 2011

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WASHINGTON -- Realtor association executives from around the country say they expect to lose members if the National Association of Realtors raises dues by $40 a year to boost spending on political activities.

An alternative proposal that would offset a dues increase by eliminating a $35-a-year special assessment that funds NAR's "Home Ownership Matters" public awareness campaign would be better received, some association executives said.

NAR's board of directors will consider both proposals when it meets Saturday at the group's midyear meeting.

Briefing association executives today, NAR CEO Dale Stinton said debate over the proposed dues increase can be broken down into two main components: Whether or not NAR needs to increase its political advocacy