December 18, 2014 | Updated 11:06am

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Group Dynamics

NAR Cracks Down On Local Realtor Boards

New Rules Could Strain Resources, Compel Consolidation


The National Association of Realtors (NAR) has created a new set of standards for its local Realtor boards, pressuring them to shape up – or ship out, with those who cannot meet the new minimums at risk of losing their charter or being forced to merge with larger organizations.

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