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The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
States issue licenses for an annual or multi-year period and require real estate agents and brokers to complete continuing education prior to renewing their licenses. For example, California licensees must complete 45 hours of continuing education every 4 years in topics such as agency, trust fund handling, consumer protection , fair housing ...
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
The website is licensed to operate by the National Association of Realtors (NAR), the real estate industry's largest trade association. [3] [7] The company's business model is built around selling referral-based solutions, leads, and advertising to agents, brokers, and others in the real estate industry. [8] Realtor.com covers 80 countries.
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Judge Dillon has been licensed by the North Carolina Real Estate Commission as a broker for over twenty years and has worked as a commercial real estate broker where he created and managed a number of investment real estate entities. In 2006, Judge Dillon helped start a community bank where he served as a Senior Vice President.
A property manager may be a licensed real estate salesperson but generally they must be working under a licensed real estate broker. Most states have a public license check system online for anyone holding a real estate salesperson or real estate broker's license. [35]
The National Association of Real Estate Brokers (NAREB) is a real estate trade organisation that was established on July 29, 1947. NAREB was created by African-American real estate professionals as an alternative space for African-Americans who were racially and specifically excluded from the National Association of Realtors .