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Member Orientation

Member Orientation. Welcome to the largest trade organziation. Got a question?. Ask Your Broker!. Three-way Agreement. National Association Of REALTORS® Arkansas REALTORS® Association Local Board of Realtors®. Structure & Governance. National Association of REALTORS®

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Member Orientation

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  1. Member Orientation Welcome to the largest trade organziation

  2. Got a question? Ask Your Broker!

  3. Three-way Agreement National Association Of REALTORS® Arkansas REALTORS® Association Local Board of Realtors®

  4. Structure & Governance National Association of REALTORS® 1.3 million members Over 30 major policy suggesting committees Board of directors/executive committee Annual member meetings, May & November Convention

  5. Structure & Governance National Association of REALTORS® Chicago: all member services except political Washington, DC: legislative and political

  6. Structure & Governance Arkansas REALTORS® Association Membership of approximately 8,400 out of approx. 11,000 active licensees in AR 13 committees and task forces 38 member Board of Directors 8 member Executive Committee 9 member staff

  7. Structure & Governance Arkansas REALTORS® Association Member/Local Board support Update NAR with local and state political and market conditions Maintain open dialogue with state and federal agencies on behalf of the members Toll Free, 888-333-2206 or 501-225-2020

  8. So, what does all this mean to me?

  9. From Our House To Your House National Association of REALTORS® NAR Magazine: “Today’s REALTOR®” Up-to-date with: REALTOR.Org Member discount programs

  10. From Our House To Your House Arkansas REALTORS® Association ARA Newsletter: “REALTOR® ‘Rightings” Up-to-date with: www.arkansasrealtors.org (some areas are secure for members) Knowledgeable, professional staff Call us! 888-333-2206 or 501-225-2020

  11. Educational Opportunities National Association of REALTORS® Mid-Year Conference in Washington D.C. Annual Convention with over 300 educational sessions

  12. Educational Opportunities Arkansas REALTORS® Association Graduate, REALTOR® Institute Program (GRI) Annual State Convention featuring numerous industry speakers CRS courses sponsored by the AR Chapter CRS ABR Courses Annual Forms Training to Local Boards

  13. Designations & Specialized Education Graduate, REALTOR® Institute (GRI) Certified Residential Specialist (CRS) Accredited Buyer Representative (ABR) e-PRO

  14. Designations & Specialized Education Certified Residential Broker (CRB) Certified Commercial Investment Member (CCIM) Institute of Real Estate Management (IREM)

  15. Risk Reduction National Association of REALTORS® Legal Action Program Legal Liability Series

  16. Video Tape ANTI-TRUST:

  17. Risk Reduction Arkansas REALTORS® Association ARA Legal HOTLINE via e-mail Legal FAQ site ON-LINE (secure, requires sign-in) Member discount on Real Estate Forms Over 2400 man hours annually spent by REALTOR® volunteers on forms development

  18. For the Public & for the REALTOR National Association of REALTORS® A staff of over 50 in Washington D.C. serving as “watchdogs” and lobbyists for YOU and Property Rights! REALTOR® Legislative Network REALTOR® Political Action Committee (RPAC)

  19. For the Public & for the REALTOR What can YOU do? Understand Private Property issues Come to the Mid-Year Conference and get to know your federal legislators Respond to the “Calls to Action” through Action Center on Realtor.org.

  20. For the Public & for the REALTOR Arkansas REALTORS® Association Two Contract Lobbyist at the Capitol daily Member-driven decisions Members kept up-to-date during the Legislative Session through ARA website ARA is politically active year round watching out for your rights! ARA supports members seeking elected office

  21. RPAC REALTORS® Political Action Committee Allows members to help candidates who understand our industry Helps open doors and encourages lawmakers to keep an open mind on our issues Positions REALTORS® as legitimate players in the political arena who command respect

  22. RPAC REALTORS® Political Action Committee What ARPAC is NOT!!! Partisan A Vote-buying vehicle

  23. RPAC REALTORS® Political Action Committee RPAC’s Recent Successes: Private property rights bill Housing for Older Persons Act Health insurance deduction Maintaining mortgage interest deduction Prevented Banks from entering the Real Estate Business

  24. ARPAC Arkansas REALTORS® Political Action Committee In 2006, ARA Lobbyist voted best in the state. In 2006, ARA ranked 1st in spending, preparing for and lobbying for the 2006 Session

  25. ARPAC Arkansas REALTORS® Political Action Committee WHY CONTRIBUTE? Investments in the future of your business Tax credit on State Income Tax , not a deduction Imagine the IMPACT magnified by over One Million REALTORS®

  26. Legislative & Political What If? You were responsible for discovering structural defects… You were required to research every listing neighborhood for registered sex offenders… You had to pay sales tax on your earned fee... You were responsible for ANY defects in a home you sold beyond required disclosure by law…

  27. TECHNOLOGY National Association of REALTORS® E-Commerce REALTOR.Org and REALTOR.COM Membership Records (NRDS) Technology is best observed at NAR Convention

  28. TECHNOLOGY Arkansas REALTORS® Association New Task Force named Task Force reports on software and hardware for members Real Estate Forms software Interactive, full-service website Large projects being formed now

  29. FAIR HOUSING PROTECTED CLASSES The Fair Housing Act Prohibits discrimination on housing because of: Race Color Sex Religion National Origin Handicap Familial Status

  30. FAIR HOUSING National Association of REALTORS® Legal Liability Series Fair Housing Partnership Agreement At Home with Diversity Certification

  31. FAIR HOUSING Arkansas REALTORS® Association State Fair Housing Partnership Agreement with HUD Equal Housing Opportunity Posters provided Staff/Officers available to speak at Local Board Meetings

  32. FAIR HOUSING FAIR HOUSING VIDEO

  33. Public Relations National Association of REALTORS® $50,000,000 Public Awareness Campaign 2008 and beyond year around.

  34. Public Relations Arkansas REALTORS® Association Award for Excellence Arkansas Special Olympics. ‘House to House’ weekly column to over 320,000 households. Over 1,000 articles and news in newspapers throughout the state annually.

  35. Public Relations ArkansasSpecial Olympics 1986 - ARA Becomes a Premiere Sponsor Since 1986, ARA has raised over $1,200,000 on behalf of Special Olympics

  36. Public Relations Awards for Excellence Program Statewide program to recognize Top Producers Based on listing, leasing and selling volume Available in residential, commercial, and property management

  37. Public Relations REALTOR®-of-the-Year Arkansas REALTORS® Association Local Board recipients honored at Gala during Annual Convention and Trade Show. One outstanding REALTOR® named ARA Realtor® of the Year at this Gala.

  38. VIDEO CODE OF ETHICS

  39. The REALTOR® Code of Ethics New Member Orientation Program National Association of REALTORS®

  40. History and Background of the Code of Ethics • National Association of REALTORS formed in 1908. • No license laws at the time. • Real estate industry had a history of speculation, exploitation, and disorder. 2

  41. History and Background of the Code of Ethics • Code was adopted in 1913 to establish a professional standard of conduct. • Code of Ethics formed the basis for license laws. 2

  42. History and Background of the Code of Ethics • From its inception, the Code of Ethics required arbitration of monetary disputes between REALTORS. 2

  43. Under all is the land …

  44. The Preamble • The Golden Rule • Widely allocated ownership” and “widest distribution of land ownership” • Maintain and improve the standards of their calling. 3

  45. The Preamble • Share with fellow REALTORS a common responsibility for the integrity and honor of the real estate profession. • Strive to become and remain informed on issues affecting real estate. • Willingly share the fruit of your experience and study with others. 3

  46. The Preamble • Identify and take steps to eliminate practices which may damage the public or which might discredit or bring dishonor to the real estate profession. • Urge exclusive representation of clients. • Do not attempt to gain any unfair advantage over competitors. • Refrain from making unsolicited comments about other practitioners. 3

  47. The Preamble • If an opinion is sought about a competitor (or the REALTOR believes comment is necessary), the opinion should be offered in an objective, professional manner. • The term REALTOR stands for competency, fairness, high integrity, moral conduct in business relations. • No inducement of profit and no instruction from clients can justify departure from these ideals. 3-4

  48. The Three Major Sections • Duties to Clients and Customers • Duties to the Public • Duties to REALTORS® 4

  49. The Structure of the Code of Ethics • Articles • Broad statements of ethical principles. • Standards of Practice • Support, interpret, and amplify the Articles under which they are stated. 4

  50. The Structure of the Code of Ethics • Case Interpretations • Specific fact situations to which the Articles and/or Standards of Practice are applied. • Only Articles of the Code can be violated, though Standards of Practice can be cited in support of an alleged violation. 4

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