Tuesday, April 27, 2010

Realtor Is More Than A Name

While most consumers have seen the ads and know that it is important to contact a Realtor to purchase a home, many have very little knowledge about what that 7 letter word represents. Few know that members of the National Association of Realtors work around the clock protecting homeownership.

For example in 2008 as the financial crisis revealed itself, the Federal Housing Finance Agency and the U.S. Treasury Deptment place Fannie Mae and Freddie Mac into conservatorship. Shortly after this action the NAR formed an advisory group to discuss what newly conceived secondary market agencies might look like. In short the goal was to create a secondary mortgage market to sustain long term regardless of what the market conditions become. The NAR have come up with several key elements to help ensure a steady flow of capital that will be shared with Congress and help decide the fate of Fannie and Freddie.

This is just one example of what the NAR organization is doing. Working for America's property owners, the National Association provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system and the right to own real property.

So you see being a Realtor is more than just a title. Its a designation and a resposibility to deliver positive results for everyone.

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