You are working harder than ever to close transactions and earn a living. While you are working to help buyers and sellers in your markets, we’re working day in and day out to make real improvements to your business.
- We’re unlocking credit markets. As a direct result of our meetings with the four largest banks in America, at least one bank has loosened credit restrictions. (We’re still working on the short sales and foreclosure problems).
- We launched a national campaign to counter attacks on home ownership. From our Public Awareness Campaign to ads connecting housing to jobs, we are winning the debate. Potential buyers are getting off the sidelines and into the market, and that has a direct impact on your bottom line.
- We are creating jobs and boosting the economy. We have met with officials in Congress and at the White House non-stop to explain why home ownership is important and policies that support it should remain in place. Our voice is being heard. In our latest meetings with the Obama Administration, officials agreed that any changes to the secondary mortgage market must preserve a healthy housing market and economic recovery.
- We’re reaching consumers in YOUR cities. In March, we are kicking off our first-ever bus tour. We realize our national outreach can only do so much. We need to work with you, in your cities, to reach consumers and strengthen our markets.
Is our work paying off? You decide.
Since we began our efforts last fall, existing home sales have risen steadily. In fact, 49 states say sales rose in the fourth quarter of 2010. Word has it that home sales are up again in January.
This recovery is happening in spite of continued high unemployment and tighter than normal credit markets. And, we are determined to keep moving forward.
Apparently, home ownership still is a core American value. And, thanks to America’s REALTORS®, who have consistently raised our voice on important housing issues, it looks like it will stay that way for the foreseeable future.
So, the next time someone asks you what you get for your $80 in NAR dues, tell them you get a team that is working seven days a week with the government and industry partners to raise home sales to 6 million in 2011. That’s what we’re hoping to achieve, and that’s the value of NAR to your business. – Ron Phipps, 2011 NAR President