Role of the Real Estate Commission & REALTOR® Associations
Amy Fennell • November 28, 2017
Louisiana REALTORS® has put together a helpful guide to understanding the difference in the roles of the Louisiana Real Estate Commission and the REALTOR® Associations. Usually, towards the end of the year when license renewals and member dues billing gets sent out there is quite a bit of confusion about what fees and payments are due and to which entity they go to. There can also be confusion on education requirements and deadlines. This graphic is an effort to help clear some of that up!
It is important to note that not every real estate licensee is necessarily a REALTOR® member. The Louisiana Real Estate Commission is the state agency that issues licenses and regulates the licensee with a primary focus on protecting the consumer in real estate transactions. The REALTOR® organization is a trade association that is multi-tiered. Members join the organization at the local level and in turn are members of the state and national level as well. (Also referred to as "Three-way Agreement"). To view the list of all Louisiana's local boards, click here.
It is important to use NAR's membership marks—including the REALTOR® logo and the terms REALTOR®, REALTOR-ASSOCIATE®, REALTORS®—correctly and according to the rules outlined in this Membership Marks Manual.
As previewed last week, NAR is pleased to share the latest consumer guide focused on buying land and building a new home. This guide covers how to find land for sale, explains construction loans, and weighs the pros and cons of building a custom home. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Buying Land and Building a New Home Deeds and Titles Alternative Listing Options Navigating Multiple Offers Homeowners Associations Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover property title theft.
Negotiating a real estate deal can be overwhelming, especially for buyers who don’t have experience with the process. Here are five key negotiation strategies smart buyers use—and how working with a REALTOR® provides a competitive edge.
As previewed last week, NAR is pleased to share the latest consumer guide focused on deeds and titles. This guide covers the difference between a deed and a title, common types of deeds, and title searches and insurance. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Deeds and Titles Alternative Listing Options Navigating Multiple Offers Homeowners Associations Marketing Your Home Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover buying land / constructing a new home.
