The National Association of REALTOR® (NAR) announced the launch of a new resource being made available to its members nationwide through the REALTOR Benefits® Program. The offering, Residential Real Estate Council’s Broker Solutions, was developed to ensure residential real estate brokerages with fewer than 150 agents are able to provide service and support to their agents comparable to what is typically offered by larger entities.
Last week, NAR released its 2021 Profile of Real Estate Firms, which found that the vast majority of real estate brokerages in America are small, independent operations. Specifically, four out of five real estate firms operated from a single office, typically with three full-time real estate licensees, and 81% of all U.S. brokerages are residential.
“Smaller, independent brokerages have limited resources to navigate the endless stream of disruptions in our market,” said NAR CEO Bob Goldberg in a statement. “But as the NAR report from last week showed, these are the brokerages which dominate the market and propel our industry forward. We’re excited to announce this partnership with RRC, which will help to ensure small, independent firms have access to the same resources as those affiliated with major franchises and corporations.”
RRC Broker Solutions has agreed to provide all NAR members, non-member NAR staff, state/local association staff and family members with $50 off full-priced education programs provided by Broker Solutions.
RRC was established in 1976, developing training courses and establishing the Certified Residential Specialist (CRS) designation.
For more information, please visit www.nar.realtor.