This past week there have been many questions asked about the proposed 50% dues increase of $40/member/year. It seems as if the average in-the-trenches Realtor® is unaware of curtailed expenses and budget economies in the NAR budget that would have tempered a higher dues increase proposal. Some of the comments that surfaced in a Google search underscore what we’ve been hearing.
A simple explanation and clarification of actions taken to economize would be helpful.
Certainly the concern about the effect of compulsory dues for political purposes would have on voluntary RPAC contributions has been considered. What is the answer?
Our proposal for a Benevolent Foundation suggested a one time, initial funding of about$2/member capped at $2,000,000. Subsequent funding would be voluntary contributions like the Realtors® Relief Foundation solicits for its work for non-Realtors®.
One of our proposal proponents in the west suggested a NAR Benevolent Foundation be used to supplement local and state benevolent funds when there are needs far greater than they could meet. That is a wonderful idea. To do this we now need locals and states to step forward to form their own funds.
There are many great ideas to help our less fortunate Realtors® through benevolent funds. We simply need a work group to consider the possibilities and to sort out the layers and the details.
Meanwhile….the suffering continues in many areas where there are no sources for assistance. Let us always be mindful of the needs of others.