Monday, May 2, 2011

NAR Mid Year and Nothing on Short Sales?

5 days. 173 meetings. 70+ hours... and NOT A WORD on short sales. Go Figure!?!

NAR Mid Year in their own words...

Advance Your Business, Your Industry And Your Association
The REALTORS(r) mid year meeting and trade expo is where NAR members take an active role to advance the real estate industry, public policy and the association. Join us in Washington, DC for special issues forums, committee meetings, legislative activities, and the industry trade show.

That is what the lead blurb is on their website and all their marketing material. So naturally, when scores of brokers and agents descend on the nation's capital, one would think they would take on the most relevant and challenging elements of the real estate industry. Yet, not a word about short sales. They do talk about the impact of MARS and what the future of Freddie and Fannie will be, but c'mon... SHORT SALES are all the rage. You're in Washington. Congress is in Session. Housing is in the toilet. How in the world is NAR helping agents advance business, industry and association? With Green Movements?

Also absent are any real talks about foreclosures and REO sales, the role of the Servicer or Third Party solutions, or even education on these issues.

Sorry NAR, while I love the credibility you bring to agents, you are out of touch and missing huge opportunities on the Hill during this mid year event. Time to storm the Capitol and lobby for solutions that DON'T involve bailouts or beuracracy.

2 comments:

Randy Kutz said...

By the way, NAR Mid Year takes place next week, May 9-14 in Washington, DC.

Greg Markov said...

Wow, Randy, way to whack the beehive! I personally think the handling of the whole MARS fiasco could've been better as well. The facts are very clear: BANKS want a real estate agent (two preferably), to bring a Buyer and a Seller together. This is what it takes to put together a short SALE. Complicating an already difficult transaction doesn't help. And what Arizona Attorney General and Real Estate Commissioner added on top of MARS is downright shameful. This kind of self-serving (and frankly ignorant) behavior is shameful and disgusting. Especially after what we've been through in the last five years. How about helping the community and the businesses first?