On March 24, NAR introduced their 2019 budget proposal called S.M.A.R.T. Initiatives (Strategic Measures Advancing REALTORS® to Tomorrow). These initiatives include $35+ million in new NAR programming as follows: $20+ million for REALTOR® Party Programming, $2 million for new Commitment to Excellence Program, Financial Wellness/Retirement Program and Strategic Business, Innovation and Technology initiatives, $6 million for NAR occupancy costs, and $7.5 million for forms/transaction management platform.
This investment in our members’ future is $30, which includes the following components: $17 dedicated to REALTOR® Party programming and $13 for operating programming. If approved, the total 2019 NAR dues amount will be $150 per member; the 2019 NAR budget is based on 1.3 million members.
The 2019 budget proposal will be voted on at the NAR Board of Directors Meeting on Saturday, May 19 at the REALTORS® Legislative Meetings & Trade Expo in Washington, DC.
For complete information on these S.M.A.R.T. Initiatives and the 2019 NAR budget, please visit www.nar.realtor/smartbudget