Report from the NAR Board of Directors Meeting
NAR Annual Conference, San Diego, CA 
REALTOR« Property Resource 
The NAR Board of Directors had its first look at a powerful new database that will be available exclusively to REALTORS® beginning in April. The REALTORS® Property Resource will contain rich data on more than 140 million properties; the interface is made possible through the integration of technology and data, according to RPR CEO Dale Ross. NAR is investing $20 million for a five-year build-out, which will cover licensing and development of the front-end and acquisition of data from LPS, which operates Cyberhomes, and other sources. RPR President Marty Frame walked the board through the site's features. Members will access the site using their NRDS number. They'll be able to view each property's characteristics and transaction history and add information based on their personal knowledge of the property. The system is expected to save members millions of dollars in data acquisition costs, and access to members will be free. NAR 2009 President Charles McMillan called the launch of RPR a "watershed moment."

Read More
New Consumer Website - HouseLogic 
The board also was given a tour of NAR's new consumer web site, HouseLogic, which launched its beta version on Nov. 12, during the annual conference. HouseLogic was developed by NAR to help its members extend their relationship with consumers through the lifecycle of homeownership and to provide an opportunity for homeowners and REALTORS« to speak together to federal legislators on public policy issues of common interest. The site is a comprehensive resource for homeowners of the information they need to protect, maintain and enhance the value of their home. The site also gives members free access to various content packages from the site that they can use in their own marketing efforts.

Read More

Other Board Actions

The directors also took a number of actions on committee recommendations that dealt with a number of issues including:

- Multiple Listing Policy
- Equal Housing Opportunity
- International Policy
- Professional Standards
- Membership
- Code of Ethics
- Legal Action
- Constitutional Change
Join Our Mailing List
In This Issue
REALTOR Property Resource
New Consumer Website - HouseLogic
Other Board Actions
Broker Involvement Program
Broker Involvement Program 
Since its launch in 2008, the Broker Involvement Program has grown by leaps and bounds and today has more than 2,300 brokers representing more than 220,000 sales associates participating. The program's success contributed to the record Call for Action response among REALTORS« in support of the tax credit expansion.

Kentucky had a response rate for the tax credit CFA of 24.8% (7th highest in the country) and an overall response rate in 2009 of 15.4% (surpassing the national goal).
REALTOR« Federal Credit Union 
Check out the great new products including business and association accounts that have some of the best rates in the industry. As a proud REALTOR« Benefits Partner, they are dedicated to providing products and services that meet the specific financial needs of REALTORS«.

Read More