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homestead - Re: [Homestead] How Realtors Destroyed the Economy

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  • From: Clansgian AT wmconnect.com
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] How Realtors Destroyed the Economy
  • Date: Sun, 19 Oct 2008 21:38:25 EDT


> >No. Being a member of the NAR requires you pay the fee to join and be
> licensed in your own state. There is no further education or ethics
> required than that.

Of course that is the way it works in reality. But my point was this, the
word 'Realtor' was fabricated by in 1913 by the foudners of the NAR. It is a
trademark. You cannot call yourself a Realtor(R) unless you are a member of
the
NAR.

People use the word Realtor to mean any real estate agent just as they call
an tissue a Klennex or any refrigerator a Firgidaire or any copy machine a
Xerox.

By signing onto the the NAR you are *supposed* to be signing onto a code of
ethics. I agree that it is largely non-existent. Mainly the NAR has
functioned to funnel money to legislators to set lending standards low enough
for
anyone who breathes to qualify for mortgage in order to inflate home prices
and
swell its ranks.




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