Dale Stinton - NAR
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  • 1. Dale Stinton, CEO National Association Of REALTORS®
  • 2. Is The Residential Real Estate Profession Still Relevant? By Jack Harper, Broker/Owner JS Harper Real Estate
  • 3. The MLS is absolutely critical, not only to our associations, but to each and every Realtor® as well. It is our strength and our method of providing up-to-date information and still carries the uniform offer of compensation that we have built our organization on in the first place.
  • 4. Reconcile the strength of sophisticated but simple search capabilities against the consumer desire to participate deeply in and control the transaction, and you will likely see a very significant need to revamp the real estate business model.
  • 5. CAPITAL MARKET STABILIZATION AND REFORMATION •Existing Strategy: Optimize Current Lobbying/Regulatory Capability (Altern. Fin./Cap. Sources) •New Strategy (SCI): RPR (RVM) •New Strategy (SCI): Broker/Grassroots Involvement Program (National Voter Files) •New Strategy (SCI): Realtors Federal Credit Union (Altern. Fin./Cap. Sources) (SCI) – Second Century Initiative (GC) – Game Changer Pilot
  • 6. America’s Financial Crisis Determining Collateral Value & Tracking Performance: A Guide to Real-Time ValueTM & Market Stabilization By John H. McCrocklin, ALC, CRB, CCIM
  • 7. In order to achieve a stable recovery for both the financial and real estate markets we must eliminate the flawed process of tracking only the financial data elements of a loan after it is underwritten and originated at a financial institution and instead expand the process to include the data elements of the underlying collateral in order to be able to rapidly assess its Real-Time Valuesm.
  • 8. Failure to address this issue, and the compulsory implementation of the Real-Time Valuesm methodology on a phased-in basis, will result in a recurrence of another overwhelming and distressed financial cycle in the future which would be a third and potentially final strike against our financial and real estate markets.
  • 9. CONSUMER RELATIONSHIP BUILDING •New Strategy (SCI): HouseLogic Consumer Relationship Website •New Strategy (SCI): RET Radio Show (200 markets) •Existing Strategy: Public Awareness Campaign (National Media) •New Strategy (SCI): Homeowner Auxiliary Membership •New Strategy (GC): Heroes Welcome Home (SCI) – Second Century Initiative (GC) – Game Changer Pilot
  • 10. BROKER / AGENT SERVICES AND SOLUTIONS •New Strategy (SCI): RPR (Analytics Including Consumer Data) •New Strategy (SCI): RPR (Risk Reduction) •New Strategy (SCI): HouseLogic (Broker Resource Center) •New Strategy (SCI): Top Level Real Estate Domain •New Strategy (GC): Rate Your Experience, Realtor® Finder •New Strategy (GC): One-Time Log-In (Single Sign On) •New Strategy (SCI): DocuSign, E-Signature •New Strategy (SCI): ePD, CommercialSource •New Strategy (SCI): Realtors Federal Credit Union (virtual) •New Strategy (PAG): Realtor University (degreed program) (SCI) – Second Century Initiative (GC) – Game Changer Pilot (PAG) – Presidential Advisory Group