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NATIONAL ASSOCIATION OF REALTORS®
2004 Annual Report: Leadership for 2004

NAR LEADERSHIP TEAM

President Walt McDonald
President-elect Al Mansell, CRB, GRI
First Vice President Thomas M. Stevens, CRB, CRS®, GRI
Treasurer Michael Brodie, ABR®, CRB, CRS®, e-PRO®, GRI
Vice President & Liaison to Committees Pat G. Kaplan, CIPS, CRB, e-PRO®, GRI
Vice President & Liaison to Government Affairs Larry Von Feldt, CRB, GRI

REGIONAL VICE PRESIDENTS

Richard C. Dils, Shelburne Falls, Mass.
Region 1 (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont)

Janice C. Smarto, Greensburg, Pa.
Region 2 (New Jersey, New York, Pennsylvania)

Jack F. Torza, Mechanicsville, Va.
Region 3 (Delaware, Maryland, Virginia, Washington, D.C., West Virginia)

Robert A. Galiano, Sumter, S.C.
Region 4 (Kentucky, North Carolina, South Carolina, Tennessee)

Jerry G. Brewer, Senatobia, Miss.
Region 5 (Alabama, Florida, Georgia, Mississippi, Puerto Rico, Virgin Islands)

Terry Hankner, Cincinnati
Region 6 (Michigan, Ohio)

Joseph C. Traynor, Indianapolis
Region 7 (Illinois, Indiana, Wisconsin)

Ann Cichy, Fargo, N.D.
Region 8 (Iowa, Minnesota, Nebraska, North Dakota, South Dakota)

Margaret M. Barton, Ada, Okla.
Region 9 (Arkansas, Kansas, Missouri, Oklahoma)

Louise E. Hull, Victoria, Texas
Region 10 (Louisiana, Texas)

John B. Harr, Jr., Pleasant Grove, Utah
Region 11 (Arizona, Colorado, Nevada, New Mexico, Utah, Wyoming)

Gary D. Wright, Marysville, Wash.
Region 12 (Alaska, Idaho, Montana, Oregon, Washington)

Gary Thomas, Aliso Viejo, Calif.
Region 13 (California, Guam, Hawaii)

NAR SENIOR STAFF

Terrence M. McDermott, Executive Vice President and CEO
Jerry Giovaniello, Senior Vice President, Government Affairs
Bob Goldberg, Senior Vice President, Marketing & Business Development
Doug Hinderer, Senior Vice President, Human Resources, Office & Mail Services
Laurie Janik, General Counsel
David Lereah, Senior Vice President & Chief Economist
Frank J. Sibley, Senior Vice President, Communications
Dale Stinton, Chief Financial Officer and Chief Information Officer
Nancy Wilson Smith, Senior Vice President, Leadership Programs & Planning

NAR VICE PRESIDENTS

Myron Adams, ITS
Gar Anderson, AE & Leadership Development
Janet Branton, Business Specialties
Stephen Cook, Public Affairs
Pamela Geurds Kabati, Publications
Sue Gourley,Convention
Mark Lesswing, Center for REALTOR Technology
Miriam Lowe, International Operations
Cliff Niersbach, Board Policy & Programs
Ellen Roche, Research
Mary Stark-Hood, Member Benefits, Strategic Alliance, Marketing Research
Walt Witek, Government Affairs

NAR-AFFILIATED INSTITUTES, SOCIETIES, AND COUNCILS

CCIM Institute
The CCIM Institute is the governing body of the world’s largest commercial real estate network, with 16,000 members in North America, Asia, and Europe. Through its CCIM education program, the Institute confers the Certified Commercial Investment Member (CCIM) designation to qualified commercial real estate and allied professionals. Additionally, the Institute offers technology products and business resources that impact and influence the way its members do business. In 2004, CCIM launched CCIM Partners, a formal business network for CCIM designees.

Council of Real Estate Brokerage Managers (CRB)
The Council of Real Estate Brokerage Managers, an NAR affiliate, provides member benefits to enhance the productivity and profitability of its nearly 7,000 members worldwide. Since 1968, the Council has awarded the prestigious Certified Real Estate Brokerage Manager (CRB) designation to REALTORS® who meet specific requirements and have completed advanced professional training. CRB members consistently increase their level of industry knowledge, advance their earning and career potential, increase their company’s productivity, and benefit from active involvement in a network of real estate professionals.

Council of Residential Specialists (CRS®)
The Council of Residential Specialists is the largest not-for-profit affiliate of NAR. It’s composed of more than 42,000 members. Of these, more than 36,000 have earned the Certified Residential Specialist (CRS®) designation. The Council was created to attract and retain those REALTORS® seeking the knowledge, tools, and relationship-building opportunities needed to maximize their income and professionalism in residential real estate.

Counselors of Real Estate (CRE®)
The Counselors of Real Estate (CRE®) is a professional membership organization established in 1953 for real property advisers. Membership in the organization is awarded by invitation only; 1,100 people currently hold the CRE® designation. The organization advances, enhances, and supports its members by serving as a resource for information, by creating opportunities for professional development, by facilitating knowledge sharing, and by sustaining an environment of community and collegiality.

Institute of Real Estate Management (IREM)
The Institute of Real Estate Management has been real estate management professionals’ source for advocacy, education, resources, information, and membership for more than 70 years. IREM is the only professional real estate management association serving both the multifamily and commercial real estate sectors. It has 82 U.S. chapters, seven international chapters, and several other partnerships around the globe.

There are nearly 16,000 individual members and 530 corporate members. IREM promotes ethical real estate management practices through its credentialed membership programs, including the Certified Property Manager (CPM) designation, the Accredited Residential Manager (ARM®) certification, and the Accredited Management Organization (AMO) accreditation. These designations certify management practitioners’ competence and professionalism. In addition, IREM offers associate membership status.

Real Estate Buyer's Agent Council (REBAC)
The Real Estate Buyer’s Agent Council (REBAC) was founded in 1988 to promote buyer representation skills and services. REBAC is NAR’s largest designation organization with more than 47,000 active members. This represents a seven-fold increase since REBAC joined the REALTOR® family in 1996. Member benefits are a vital part of REBAC's mission, but education is at the core of its growth. REBAC offers a curriculum of courses, culminating in the Accredited Buyer Representative (ABR®) and Accredited Buyer Representative Manager (ABRM®) designations.

REALTORS® Land Institute (RLI)
The REALTORS® Land Institute (RLI), established in 1944, is an NAR-affiliate organization of land specialists. It’s dedicated to the advancement of this specialty and the education of its members. An important element of both of these missions is the Accredited Land Consultant (ALC) designation. Awarded to RLI members who have met educational and experience requirements, the ALC designation is recognized as the mark of expertise in land transactions. RLI services its membership through benefits, such as listing and networking tools. RLI and its membership also are active politically, creating a strong voice for land use and other important issues.

Society of Industrial and Office REALTORS® (SIOR)
The Society of Industrial and Office REALTORS® (SIOR) is a global professional organization that certifies commercial real estate service providers with the exclusive SIOR (specialist, industrial and office real estate) designation, based on achievement, knowledge, accountability, and ethical standards. Only the industry's top industrial and office professionals qualify for SIOR. Today, there are 2,800 members in 480 markets in 20 countries.

Women's Council of REALTORS® (WCR)
The Women's Council of REALTORS® represents more than 15,000 real estate professionals. In 2003, WCR launched a new REALTOR® designation, the Performance Management Network. The professional training courses required for the designation dig deep into the hot topics that are shaping the real estate industry, such as effective negotiating, conflict and change management, and networking to generate referrals. WCR has an established network of 260 chapters, with volunteer managers trained to position WCR members as a business resource in their REALTOR® communities.