AgentBeat reports that National Association of Realtors (NAR) Chief Executive Officer, Dale Stinton planned to “reduce staff and employees” in the NAR by about 10 percent. This came as a result of the annual budget review process. Stinton added the NAR is the ahead of budget this year and will be balanced for the year. He notes that “Basically we’re just asking staff to do more with less.” He also added that NAR should prioritize the resources but the cuts would not have a major impact on programming. Stinton also notes that this move is “sound fiscal and program management – nothing more nothing less.” An added insight was the fact that dues will increase by 50%, with the increase being used for lobbying and political initiatives.
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