Agents cost of doing business

Real Estate Broker/Owner with 1st Crown Realty Corporation 503-512-6200 OR 201212528, WA 19555

In these hard economic times, it is not amusing that the support for the major fuel running the associations, association executives and the NAR itself, is not adjusting to the times. The NAR first called the shots by saying it is increasing its membership fees. Tou have the association executives who feed of agent fees in their various markets who are incresing fees or talking about increasing fees.

In this age of dwindling agent revenues, association fees and MLS fees are increasing, or have not been reduced to be cognisant of the agents decreased revenue. Here is our own too big to fail. I think its time agentd stood up to ask for decrease of these expences. Thats my take. Whats yours?

Comments (5)

Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

I have been cutting my costs, but I can see why they want these fees to go up.

Jun 01, 2011 08:41 AM
Lois Davies
Century 21 Birchwood Realty, Inc. - Cape Coral, FL
Cape Coral & SW Florida

I guess they feel their cost are still going up while our incomes are going down, just like food and gas continue to go up while our incomes go down.  OOH! but food prices and gas prices are not considered part of the cost of living - really??  Sorry for the side track Wale.  I understand where you are coming from.  Don't look for miracles.

Jun 01, 2011 11:16 AM
Roy Kelley
Retired - Gaithersburg, MD

I would prefer to a reduction in fees by NAR. It would be fine with me if they eliminated lobbying and advertising.

Blooming for you!

Jun 02, 2011 01:07 AM
C. Lloyd McKenzie
Living Albuquerque - Albuquerque, NM
Living Albuquerque

In one of my recent posts, I asked this question: Whose side is NAR on Anyway? Are they wholly owned by the corporate giants.

Jun 06, 2011 03:18 PM
Sharon Curtiss
Berkshire Hathaway HomeServices PenFed Realty - Ocean City, MD
Search for Ocean City Maryland Area Homes for Sale

I don't like paying increased fees any more than the next guy, but do understand the need for funds to be able to protect homeownership rights.  In fact I thought that was the Mission of NAR until I looked at their website. 

It seems that the NAR Mission to helps its members become more profitable which is in conflict with the Vision, and the reason why they need more of our money.

Catch 22 I guess.

NAR's Mission and Vision

The core purpose of the NATIONAL ASSOCIATION OF REALTORS® is to help its members become more profitable and successful.

The NATIONAL ASSOCIATION OF REALTORS® strives to be the collective force influencing and shaping the real estate industry. It seeks to be the leading advocate of the right to own, use, and transfer real property; the acknowledged leader in developing standards for efficient, effective, and ethical real estate business practices; and valued by highly skilled real estate professionals and viewed by them as crucial to their success.

Working on behalf of America's property owners, the NATIONAL ASSOCIATION OF REALTORS® provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system, and the right to own, use, and transfer real property.


Jul 29, 2012 08:27 AM