Real Estate Facts: REALTORS® Celebrate 100 Years of Bringing America Home

May 2008
(529 Words)

For 100 years, Realtors have added value to the real estate transaction, according to [Full name of local board/association].

When the National Association of Realtors® was established in 1908, fewer than half of U.S. households owned their own home. Today the number approaches 70 percent, noted [Full name and title of local board/association spokesperson].

“Homeownership is a great financial and personal investment that strengthens our communities and builds wealth over the long term. That is why our local association of Realtors has fought along with the national association to protect consumers in the real estate transaction, promote affordable housing, and expand homeownership opportunities for all Americans and will continue to do so into our second century,” [last name of spokesperson] said.

When the organization that would become NAR was founded, its mission was to radically transform the real estate industry into a respected profession. NAR’s Code of Ethics was adopted in 1913; the association was only the second trade group in the United States to adopt mandatory ethical standards. NAR’s early leaders also sought to establish homeownership as a cornerstone of the American dream and to expand it to the growing middle class...

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