The "Board of Choice" concept allows REALTORS® to choose the board to which they want to belong on the basis of the factors they decide are most important, rather than being limited by office location or jurisdictional boundaries.
Commonly asked questions and Statements of Membership Policy concerning Board of Choice and Board of Choice Across State Lines policies.
Member records are updated on the NRDS system, NAR’s Internet-based database.
NAR Board of Directors at the 2011 Midyear Legislative Meetings & Expo in May approved a motion to extend the date by when all associations must be Central Database Compliant.
After reviewing these materials, associations voluntarily decide whether they will offer mediation to consumers. Mediation can be initiated through the use of a mediation clause in the association's standard forms.
There are a number of different ways in which photographs of properties arrive in a Multiple Listing Service ("MLS").
This Dispute Resolution System (DRS) is designed to resolve disputes between buyers, sellers, and real estate brokers/salespeople not otherwise covered under Article 17 of the Code of Ethics and Standards of Practice.
STATEMENT OF ORGANIZATION AND PROCEDURE
The nation’s current economic troubles have forced REALTOR® associations and multiple listing services ("MLS") to address bankruptcy issues, with both association members and vendors filing for bankruptcy protection. This Q&A will outline the basics of bankruptcy, and then address specific bankruptcy issues that a REALTOR® association may encounter.
The short article below describes the current state of the law regarding the unauthorized practice of law and mediation.