NAR
Organizations & Companies abbreviation · Professional Association and Labor Union
| Stands for | National Association of Realtors |
|---|---|
| Categories | Organizations & Companies |
NAR stands for National Association of Realtors, a professional association and labor union abbreviation.
Largest trade association in the United States, representing real estate agents and brokers, which owns the trademark "Realtor", sets a code of ethics and publishes monthly existing-home sales data.
Example: NAR data showed existing-home sales fell to their lowest level in decades.
Usage notes
Founded in 1908, it has about 1.5 million members. After a 2023 jury verdict over commission rules, it agreed in 2024 to a settlement that changed how buyers' agents are paid, effective August 2024. Only NAR members may call themselves Realtors.
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