"Central to the turnaround is NAR's 2026-2028 Strategic Plan, which the association unveiled and approved in November 2025. One of the main pillars of the strategic plan is the quarterly reports NAR is providing members regarding the association's progress on the plan."
"Wright said the plan is also focused on getting the industry back on track, getting Realtors successfully to their next transaction and navigating the current affordability challenges faced by consumers."
"When talking about an association, it is so fragile because you can be doing a lot for a lot of people, but if you go too close to the line, you could be entering the territory of collusion."
"I wanted to get a fresh set of eyes on them and see if there were any potential legal issues that needed to be addressed."
NAR's 2026-2028 Strategic Plan aims to enhance transparency and member engagement through quarterly progress reports. The plan addresses industry challenges, including affordability issues, and emphasizes the importance of member consensus. Wright highlights the delicate balance of serving diverse member needs without crossing into antitrust territory. To mitigate legal risks, she initiated meetings with antitrust attorneys to review NAR's rules, ensuring compliance and reducing potential legal issues. The focus is on guiding Realtors towards successful transactions while navigating current market challenges.
Read at www.housingwire.com
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