NAR releases first annual report, details progress, 2026 priorities
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NAR releases first annual report, details progress, 2026 priorities
"I hope you can appreciate the work we have done to build the foundation for NAR to better serve our members and the industry, Sears, NAR's immediate past president, said in a statement. We passed consecutive balanced budgets without raising dues, made our initial payment in compliance with the Sitzer-Burnett settlement terms and identified millions of dollars in savings through a strategic reexamination of our budgets, including our consumer ad campaign strategy and event planning processes."
"In 2026, however, Brown, NAR's 2026 President, said he and the trade group will be focused on getting back to business. In his letter, Brown wrote that this means NAR will be focused on helping its members navigate the issues that impact their day-to-day business, like financing, inventory, insurance, zoning restrictions and other barriers to home and property ownership. When it comes to the specifics of how NAR will accomplish its goal, the trade group looked toward its 2026-2028 Strategic Plan."
"As a center point of its focus on basics, NAR and its leaders highlight that 2025 marked the second year in a row the association implemented a balanced budget, a task it accomplished without raising membership dues. According to the report, this was accomplished via a 14% reduction in budgeted expenses year-over-year and a 14% decrease in staff headcount, which NAR said aligned with its disciplined resource management."
2025 prioritized resetting and stability after legal and financial challenges, with a focus on returning to basics. The association implemented a second consecutive balanced budget without raising membership dues by reducing budgeted expenses 14% year-over-year and decreasing staff headcount 14%, aligning with disciplined resource management. An initial payment was made in compliance with the Sitzer-Burnett settlement terms. Millions in savings were identified through strategic reexamination of budgets, including consumer ad campaign strategy and event planning. The 2026-2028 Strategic Plan emphasizes a unified member dashboard, faster market data delivery, and expanded professional development to support members facing financing, inventory, insurance, zoning, and ownership barriers.
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