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Follow on Google News | After Agents Complain about Dues, Real Estate Broker Leaves NAR, National Association of RealtorsResidential real estate firm pulls out of powerful national association to cut costs.
By: Sharon F. Benigson, Real Estate Broker's Insider But, in the March issue of the industry newsletter "Real Estate Broker's Insider," Roe says he is ending his 500-agent company's affiliation with the prominent trade group. His brokerage, Russell & Jeffcoat Real Estate Inc. of Columbia, SC, recently pulled out of the local Realtor association and dropped the Realtor trademark from its name. Roe says he had little choice but to leave the Realtors, fold. Agents chafed at the $431-a-head annual membership fee collected by the Central Carolina Realtors Association. That was in addition to the $544-a-year fee for agents to belong to the Multiple Listing Service, which is separate from the Realtors Association. In a difficult economy, agents just didn't feel they were getting enough from their Realtor membership to justify the cost. It didn't help that dues for the Central Carolina Realtors Association had steadily risen. "All of our managers and a majority of our agents did not want to have to be members," he says. "The agents and managers didn't see the value." # # # About Real Estate Broker’s Insider Real Estate Broker's Insider provides residential real estate agency broker/owners with actionable news and information on managing their businesses for greater profitability. Website: http://www.BrokersInsider.com End
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