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Friday in Las Vegas - for Association Executives

NAR Board of Directors Meeting: A few items of note for association executives -

1. Code of Ethics has been translated into braille;
2. Approved $15M for REALTOR national Credit Union. Anticipate operational by this time next year;
3. Now 298 RCE designees in AE community - includes 51 in 2008 [note: still don't have RCEs from AL, HI, ID, ND, WY]
4. NAR supporting Sentrilock in a new agent direct leasing program for lockboxes;
5. Components of NAR Strategic Plan being reduced to business-card size to carry;

6. Approved NRDS changes, including a requirement to add home address, email address, preferred phone number into NRDS by 1/1/08 for new members and 7/1/08 for existing members;
7. White Paper being developed on what a board "territorial jurisdiction" means and includes;
8. Referred back to NAR Nominating Committee 27 recommendations for changes to NAR Election process;
9. Recommended Slate of Candidates for NAR officers in 2009 - President Charles McMillan (TX), President Elect Vicki Cox Golder (AZ), First VP Ron Phipps (RI), and Treasurer Jim Helsel (PA);
10. Among Standards of Conduct for MLS participants, must use true picture and cannot in representations including URLs and domain names used "deceptively use metatags, keywords, or other devices/methods to direct, drive, or divert Internet traffic, or to otherwise mislead consumers";
11. Added specific options for imposing discipline with MLS rules for compliance including attendance at courses, fines, probation, termination, others;
12. Added optional MLS provision allowing prohibition of MLS participants, subscribers, licensees from claiming to be or suggesting that they are an MLS, including in domain name and email address;

And provided Benny McMahan (TX) with the William R. Magel Award of Excellence in Association Management. Truly an honor for any who have worked with Benny during past decades to be able to express appreciation for his commitment, mentorship and excellence. Was joined on stage by his wife, Grace, and their seven children.

Here are additional decisions by the NAR Board of Directors and Delegate Body today in NAR's INS publication:
http://www.realtor.org/inis.nsf/pages/SpecialINS11162007?OpenDocument&Login

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Experience the information, the atmosphere, and the spirit of the 2007 REALTORS® Conference & Expo.

The No Limits Live blog will keep REALTORS®, REALTOR® association executives, real estate brokers, and others informed about the events and the learnings from NAR’s 2007 annual conference, one of the largest in the U.S.

As the nation’s largest trade association, representing its 1.3 million members, the National Association of REALTORS® is the collective force influencing and shaping the real estate industry, and is the leading advocate of the right to own, use, and transfer real property.

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