The National Association of Real Estate Brokers ( NAREB ) was formed July 29, 1947, making it the oldest minority trade association in America. NAREB was founded by African-American real estate professionals as an alternative to African-Americans who were excluded from the National Association of Realtors.
NAREB members are called Realtists and represent all professional disciplines in the real estate industry including real estate and commercial real estate agents and brokers, loan officers, mortgage brokers, title companies, appraisers, insurance agents, and developers.
Headquartered in Lanham, Maryland, NAREB is managed by a board of directors and an executive committee composed of members and leaders, in industry, from across America. Each local chapter continually receives new members.
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History
NAREB was founded by twelve individuals, one woman and eleven men from seven states, across the United States. NAREB held its first convention at the Convention Hall in Atlantic City, N.J., on 19-20 July 1948.
At the NAREB National Mid-Winter Conference, in February 1968, in San Francisco, California. Martin Luther King Jr. speaking before membership. A few months before he was killed, the King spoke of how a privately-run "Marshall Plan" similar to that initiated in Europe after World War II, is what is needed to revitalize American inner cities. King states that in American inner cities investing ten billion dollars over ten years, from the government, will help attract and develop new and/or maintain and improve existing businesses. In this revitalized urban economy, the inner working urban population will become homeowners, he says, thereby improving the social and economic climate of their communities.
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Organization
NAREB Leadership 2017-2018 includes Jeffrey Hicks, President; Donnell Williams, First Vice President; Lydia Pope, Second Vice President; Courtney Johnson Rose, Third Vice President, Lawrence Butler, Treasurer; Derrick Jackson, Assistant Treasurer; Shelia Collette, Secretary; Ketriena Kier, Asst. Secretary, Edward London, Chaplin, H. Bernie Jackson, Parliament, and Charles Gilyard, Sergeant-at-Arms.
During his 69-year history, two women have led the organization as President: Evelyn A. Reeves and Maria Kong. In 2005, Catherine Dorsey was appointed chairman of NAREB. She was the first woman named post. The current Chairman and Vice Chairman of the Board are Robert Hughes and Michelle Callaway, respectively.
Affiliate
NAREB affiliates consist of the following:
- National Real Estate Community Advisor (NSREA)
- Commercial Industry Division (CID)
- National Investment Division (NID)
- United Developers Council (UDC)
- The Institute of Real Estate Management (REMBI)
- Young Realtis Division (YRD)
- Sales Division (SD)
- NAREB Women's Council (WCNAREB)
- Home Ownership Counselor (HOC)
- Construction Division (CD)
Women's Council NAREB
NAREB Women's Council, one of ten NAREB affiliate organizations, is a non-profit organization focused on grassroots communities. The organization's mission is to evaluate the standards of women in the real estate industry by facilitating leadership, education, and information exchange through group learning techniques; and to provide opportunities for women to improve their knowledge and expertise from all aspects of the real estate profession. Lydia Kirkland assumed the presidency of the organization in 2011. Established in Atlanta, Georgia, in 1971, officers and commanders were established and Laura Seale became the first president of the Council of Women. Currently, it has more than 18 chapters nationally and women comprise 53 percent of NAREB membership, with participation in all divisions and organizational aspects.
Staff
NAREB, for many years, has operated primarily as a member-managed organization. However, in 2001, Lee Bowman became the official Executive Director of NAREB, in the end, serving in the role of Executive Consultant organization, until 2004. He also, since 2000 President and CEO Lee Bowman & Associates, a Baltimore financial consulting and consulting consulting firm. Prior to joining NAREB, Bowman served for six years as Regional Director of the Mid-Atlantic; Director of Housing and Community Development at Fannie Mae.
Brenda Brown became the first woman to serve in the role of Executive Consultant for NAREB. Earlier, at the National Association of Realtors (NAR), Brown developed a comprehensive diversity program based on the initiative of former US President Bill Clinton about race, One America Initiative.
In April 2015, Antoine M. Thompson, became the National Executive Director of NAREB. A former State Senator of New York, former Buffalo City Council and former Executive Director for two other quasi-government not for profit. He is the author of Fair Buffalo Housing Law and various city and state laws that promote workforce and business diversity. Thompson was hired to assist the transition of the association to a company-controlled organization and staff supported by dedicated volunteers.
A leader known for his great ideas, consensus leadership styles and encouraging measurable results, Thompson has helped NAREB strengthen its member benefits program, develop an online school, implement a monthly education course for member business development. Thompson helped develop the concept of Black Homeownership Matters, a new NAREB initiative to create 2 million new Black home owners. He also enhanced NAREB's presence on Capitol Hill by helping lead an annual meeting with Members of Congress, H.UD. and the White House.
Current
In early August 2011 at its national convention in New Orleans, LA, NAREB announced historic engagement with Wall Street investors to launch a $ 800 million House Ownership Assurance Program (HAP) to address the devastating impact of the housing mortgage crisis on African Americans and the color community others throughout the United States.
In March 2011, NAREB, along with two other organizations representing multicultural real estate professionals - The Hispanic Real Estate Profession Association (NAHREP) and the American Real Estate Association (AREAA) Asia - held at Multicultural Real Estate & Policy Conference in Washington, D.C., to discuss regulatory and policy changes to maintain access to homeownership for colored people. As a result of the meeting, the organization issued a joint report entitled "The Five Point Plan: Focusing on the Future of Future Minority Ownership."
In 2010, NAREB announced the formation of two partnerships with organizations focusing on addressing the needs of the community of colored people. In July, NAREB partnered with an Integrated Mortgage Solution (IMS), the sole female insurance protection company that offers resources for the mortgage services sector. In addition, NAREB announces its partnership with PartnerFirst, LLC, a resource provider for mortgage services and outsourcer agencies, creates a network of short, certified, national and multicultural sales agents to help color communities across the United States avoid foreclosure.
References
External links
- National Real Estate Brokerage Association
Source of the article : Wikipedia
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