NAREB


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NAREB

See National Association of Real Estate Brokers.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Corporate partners sponsoring and participating in NAREB's consumer home buying event include SecurityNational Mortgage, Nevada State Bank, Wells Fargo Home Mortgage, and Freddie Mac.
"As Women's Council of REALTORS president for 2018,1 am excited about partnering with CMR and NAREB for the Fair Housing Class," says Katie Thomas.
IMS and NAREB had been working on creating partnership opportunities for about a year, Jennings says, but 2010 will be the year that we "really develop this relationship."
When the NAREB launched its Buy a Home initiative, Atlanta followed suit--if in a limited way.
Ultimately, the dismal international economic conditions of the 1930s and their effect on financial institutions in general and real estate in particular elevated the need for a clearly defined appraisal profession beyond a specialized division of NAREB. The AIREA was formed in 1932 as a semi-independent professional organization with the purpose "to foster the development of the science of real estate appraising." (6) It may have seemed like a quirky idea at the time-in the throes of the Great Depression to essentially define a new profession with the awesome responsibilities of preventing further financial damage.
Interestingly, many in the organization opposed the idea of a lobbying arm, and even the head of the Washington office at one point urged it be shut down because "I do not think this Association will gain friends or make progress by maintaining the bureau in Washington." Nevertheless, the Washington bureau grew, and political ties between NAREB and the proliferating arms of the federal government involved with everything from land policy to banking expanded apace.
In Las Vegas, for example, the "NAREB Luxury Series" was held in September and included local experts as well as regional and international speakers.
Henry Babcock was chair of the Subcommittee of Standards of Practice and Code of Ethics of the Executive Committee, Appraisal Division of NAREB, when he announced his subcommittee report, The Ethics of Appraising, in Louisville, Kentucky, on June 21, 1928.
"This year's event includes some of the most powerful speakers and minds in the luxury real estate market," said Shanta Patton, NAREB Las Vegas president.
However, Ely's goal to create a professional real estate organization was not achieved until 1928, when appraisal was officially recognized as a significant branch of specialization within the National Association of Real Estate Boards (NAREB).
In 1924, the National Association of Real Estate Boards and local affiliates adopted a "code of ethics" that included the pledge, "a Realtor should never be instrumental in introducing into a neighborhood a character of property or occupancy, members of any race or nationality, or any individuals whose presence will clearly be detrimental to property values in that neighborhood." This regulation remained part of the NAREB code until 1950.