By backing its membership and failing to respond to bad actors, NAR has set the industry up for government intervention, writes Revaluate co-founder Chris Drayer.
NAR's Board of Directors will vote Thursday on requiring its 1.5 million members to complete two hours of fair housing training every three years beginning in 2025.
Earlier this month, NAR's board of directors passed policies that touched on property reforms, fair lending enforcement and fair housing education for all real estate licensees, not just Realtors.
Bias Override is a three-hour course that identifies ways to prevent unconscious bias from influencing behavior. NAR doesn't require fair housing training, but that may change this week.