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National Association Of Realtors Nar

Definition of "National Association of Realtors (NAR)"

Founded in 1908 and located in Chicago, IL, the NAR is a federation of 50 state associations and 1848 local real estate boards, termed either Realtors or Realtor-Associates. With over 800,000 members the NAR promotes education, professional standards, and updates brokerage appraisal techniques, property management, and land development practices, industrial real estate and farm brokerage, and counseling methods.

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