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December 13, 2006

CFA Lays an Egg

December 13, 2006 -- This morning’s news conference on discount brokerage in the real estate industry drew only three journalists, one of whom works for a tiny Internet news service. Five brokers -- three of whom are REALTORS® -- participated in the event to complain about their treatment by full-service firms.

Because some comments misrepresented NAR's position, we issued the following statement:

“As everyone who has bought or sold a home knows, real estate brokerage is fiercely competitive. Consumers can choose from more than 1.3 million REALTORS® today, including those who work for discount, limited service, or minimal service brokerages. In fact, about one out of every eight members of NAR work for these kinds of firms.

“NAR’s policies foster the interests of all REALTORS® and real estate consumers. We support all business models and favor none.”

About This Blog

News coverage shapes perceptions of people, organizations and entire industries.
Yet few of us understand what goes into the making of a news story. “NAR in the News” will give its readers a peek behind the scenes into how journalists cover the nation’s largest trade association and the 1.2 million REALTORS® it represents.

This blog is also a place for REALTORS® and others to express their opinions and ask questions that we will try to answer. “NAR in the News” is produced by NAR’s Public Affairs Division.


This blog is provided by the National Association of REALTORS to provide visitors/members with information about NAR's news coverage and the opportunity to comment on real estate issues in the news.

NAR disclaims responsibility for any of the content or opinions expressed on this blog, including, but not limited to content or opinions regarding any products or service mentioned on the blog.

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