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NAR RESPA Annual Report National Association of Realtors  Form

NAR RESPA Annual Report National Association of Realtors Form

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why is n losing so many members it fell by more than 177,000 members from November to December of 2023 and ended the year with a loss of 26,000 members the first annual drop since 2012 I think the biggest thing is the impact of the lawsuits allowing real estate brokerages to say we are no longer forcing our agents to be members of N and agents are seeing this and saying I don't have to be a member of n in my state I'm not going to do it and I think they're not going to do it because they don't see any value to them but the biggest reason people are dropping out is because it's no longer forced in a lot of states and in States like mine it is it's not necessarily forced but if you want to be on the MLS you have to be in a board and if you want to be in a board you have to be a member of n so there's a lot of states where that's no longer a thing where you don't have to be a member of n to be in the MLS and that's where n is losing agents by the dozens hundreds thousands

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