13.5: Student Practice - Module 13
- Page ID
- 35930
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Discussion Starters
1. Considering the many real estate professional organizations, select two or three that you would be interested in joining. How are they alike? What are the differences between them? Name at least two things they have in common and two things that make them distinct.
2. Can you envision yourself getting involved in a professional organization? Name one and discuss some of the benefits you might gain. How is this organization helping your local community residents?
3. As a REALTOR® member, you would join your local association, which automatically makes you a member of your state REALTOR® association and the National Association of REALTOR® (NAR). Research its Code of Ethics. What stands out to you as a catchy clause and why?
4. Research the history of the National Association of Real Estate Brokers (NAREB) at www.NAREB.com. Who started the organization and why? Identify a NAREB chapter closest to your geographic area. How has the original mission of NAREB changed over the years?
5. Picture yourself as a member of an organization in the future. Which organization are you envisioning? As a member, can you see yourself eventually becoming a leader? Which organizational role might you take as a leader in this organization?
Concept Check Quiz
1. What is the purpose of professional real estate organizations?
A. To promote ethics, high standards, and professionalism in the real estate industry
B. Further the interests of their members by providing career resources
C. Provide education regarding housing to the local community.
D. All answers are correct.
2.After the National Association of Real Estate Brokers (NAREB) organization was founded in 1947 by African-American real estate brokers, other similar organizations started up. Which organization below is not a real estate professional association that helps minorities?
A. NAHREP
B. AAREA
C. WCR
D. ASHI
3. Which of the following is a requirement for REALTOR® membership?
A. Must be a licensed real estate salesperson or broker.
B. Agree to uphold a strict code of ethics (COE).
C. Pay an annual membership fee.
D. All answers are correct.
4. True or False? The Women’s Council of REALTORS® (WCR) organization’s mission is to help promote women to positions of followership in the real estate industry through professional development, networking, and training. Membership is limited to only women, and men are not allowed.
5. When a California real estate licensee joins their local REALTOR® Association, of which organizations would they automatically become members?
A. Local REALTOR® Association
B. State REALTOR® Association
C. National REALTOR® Association
D. All answers are correct.
Answers: 1. d, 2. d, 3. d, 4. False, 5. d