Next they'll admit that the organization is run by monkeys, that David Lereah and Lawrence Yun were paid liars who conned America, and that their profession is a discredited joke.
OK, maybe not. But this one's a start...
Botton line - the NAR IS run by monkeys, "realtor" IS the least trusted profession in America, and you'd have to be a fool to use a realtor or pay them 6%.
Thanks david for the tip
Way Too Many REALTORS®? - By NAR Chief Economist Lawrence Yun
NAR membership figures have finally begun to fall.
The number of REALTORS® grew from 750,000 at the turn of this decade to close to 1,370,000 as recently as August 2007. That is an addition of 83 percent in short seven years. From 1980 to 2000, membership figures bounced around in the narrow band of 620,000 to 820,000.
Such a rapid increase in membership is not necessarily healthy. How many of the new members have ever seen a down market aside from the last two years? How many understand the importance of repeat and referral business and not just a single transaction?
Given that about ½ million REALTORS® have less than 5 years of experience, sloppiness in some transactions no doubt exists. A complaint I hear quite frequently from REALTORS® is about the second-rate conduct of some of their fellow new members.