BrokerageIndustry News

NAR’s ‘Ironman’ president: Ron Phipps

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In the past month, Ron Phipps has held meetings with the leadership team of Fannie Mae and Federal Deposit Insurance Corp. chairman Sheila Bair. His calendar has him scheduled for at least four trips to Washington, D.C., before Christmas. On Tuesday afternoon, he conferred about foreclosures with a U.S. senator. And today, he's scheduled to attend the closing of a house he sold. "Really, I have two full-time jobs," said Phipps. "I'll tell you, I do get tired." On Nov. 4, Phipps became the president of the National Association of Realtors, as the trade group looks to launch yet another year of trying to keep its industry from sliding further down the slippery slope of the recession and to gird for a potential assault on real estate's beloved mortgage-interest deduction. He's also principal broker of his family's Phipps Realty in Warwick, R.I., where he's still earning a living selling houses, though the demands on his time can make that endeavor pretty com...