

NAR Nears One Million
Membership Mark
The NATIONAL ASSOCIATION OF REALTORS, which has been
America's largest trade and
professional organization since the 1970s, is nearing one million members
and has extended its lead significantly over the next largest contender.
According to its latest membership data, NAR now boasts 907,738 REALTORS, a
record high. At the end of 2002, membership had reached 876,195. NAR's
previous high water mark came in 1989, with 822,935 members.
According to the Encyclopedia of Associations, the nation's next largest
association is the National Federation of Independent Business with 607,000
members. Third place goes to the National Institute for Automotive Service
Excellence with 400,000 members. The American Bar Association comes in
fourth with 375,000 members. Compared to labor unions, NAR would rank among
the top five, with more members than the Machinists with 500,000 but fewer
than the Teamsters at 1.6 million.
"The healthy housing economy has certainly contributed to NAR's growth but
so has the value REALTORS receive from being members of our organization.
Clearly, hundreds of thousands of real estate professionals believe the
right to call themselves REALTORS and the benefits of membership are
important for their businesses," said NAR President Cathy Whatley, owner of
Buck & Buck, Inc. in Jacksonville, Fla.
Benefits of membership include education and professional development,
legislative and political advocacy, discounts on products and services,
research products and services, publications and the right to be called a
REALTOR. REALTORS are licensed real estate professionals who subscribe to
NAR's strict code of ethics and belong to one of the nation's 1,800 local
REALTOR boards and associations.
Membership in a local REALTOR board automatically includes membership in a
state or territorial REALTOR association and in the NATIONAL ASSOCIATION OF
REALTORS.
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