Overview
A real estate agent may choose not to join the National Association of Realtors (NAR) for a variety of reasons. Some agents may prefer to work independently and not be affiliated with a national organization. Others may disagree with the policies or practices of the NAR. Some may also not wish to pay the membership fees or comply with the association's code of ethics. Ultimately, the decision to join the NAR is a personal one, and it is up to the individual agent to weigh the benefits and drawbacks of membership.
There are several potential disadvantages to real estate agents joining the National Association of Realtors (NAR):
Membership Dues
NAR membership requires an annual fee, which can be a significant expense for some agents, especially those just starting out in the real estate industry.
NAR Code of Ethics
NAR agents are required to abide by a strict code of ethics which govern the conduct of members in their business practices. They are required to take an ethics course and renew the education every 2 years. For many, this seems excessive given the coursework completed to earn their real estate license.
Additional Responsibilities
As a member of NAR, agents are expected to participate in meetings and other association activities, which can be time-consuming and may not align with their business goals. If (already) licensed real estate agents wish to become a certified international property specialist, this requires 5 more courses (plus an exam and associated fees and dues). Furthermore, many real estate professionals already feel obligated to join and participate in other, local associations – joining the largest trade association holds no additional appeal.
Limited Independence
NAR members must follow the association's policies and procedures, which can restrict their ability to operate their real estate firm in the way they see fit. For many licensed real estate brokers, they aren’t used to adhering to someone else’s rules.
Additional Liability
NAR agents may be held liable for any violations of the association's Code of Ethics, which could lead to disciplinary actions or fines.
Limited Flexibility
NAR membership may not be suitable for agents working in specialized areas of real estate, such as commercial, property management, or luxury homes, which may require a different set of standards and practices. For most, just gaining mls access with their state license is sufficient.
Conclusion
Ultimately, it is up to all real estate agents to weigh the benefits and drawbacks of NAR membership and decide if it is the right fit for their business. Selling real estate entails a number of factors; one can become a successful real estate agent without paying NAR dues.
