T
he National Association of REALTORS (NAR) Board of Directors concluded the REALTORS Legislative Meetings in Washington, D.C., with a strong stance against harassment. The board debated and ultimately passed clarifying language to Code of Ethics Standard of Practice 10-5, which prohibits harassment of any person or persons protected under Article 10 of the Code. This change aims to enhance professionalism in all settings.
The NAR Executive Committee also approved revisions to Policy Statement 29, ensuring state and local associations can fairly and consistently enforce the Code of Ethics. Additionally, they voted to repeal the optional non-commingling rule from the MLS Policy Handbook, as it had become less relevant in local marketplaces.
A balanced budget for 2026 was approved, with a total operating and advocacy budget of $270,750,765 and program expenses of $237,911,129. Member dues will remain at $201, with $45 going towards the consumer ad campaign special assessment. The remaining $10 will continue to fund optimized, metrics-driven activities that reach and engage consumers in critical markets.
NAR CEO Nykia Wright emphasized the need for NAR to evolve alongside its members, becoming a nimble and competitive force delivering value to REALTORS. She highlighted nine initiatives aimed at enhancing membership value and strengthening relationships with state and local associations.
The board elected 2026 officers and regional vice presidents, including Christine Hansen as president-elect and Colin Mullane as first vice president. President-elect Kevin Brown recognized his extended leadership team, which includes Asa Fleming as Vice President of Advocacy and Bobbi Howe as Vice President of Association Affairs.
A surprise video message from President Donald Trump commended NAR members for their contributions to the national economy and thanked them for supporting tax reform and American homeownership. The 2025 Distinguished Service Award winners were also announced, recognizing James P. Cormier and Brooke S. Hunt for their exceptional service.
The REALTORS Relief Foundation raised nearly $42,000 during the meeting, with President Greg Hrabcak appealing for donations to support disaster relief efforts.
