Committees and the volunteers that serve on them are an important part of the structure of the Minnesota REALTORS®. We have a number of Committees that meet throughout the course of our fiscal year, and these groups of volunteers drive how the Association operates - everything from determining dues amounts, Forms language, lobbying efforts, professional standards, education opportunities, strategic planning, and more. Following is a list of the Committees:
Board of Directors: The Board of Directors manages the overall business and affairs of the Association. The Board of Directors is intended to be a representation of REALTOR® members in the state. The Board consists of:
- Representatives from each Local Association/Board based on the Local Association/Board membership count;
- Companies with 500+ brokers & salespersons
- Real estate brokerage franchisors with 500+ REALTOR® members
- 2 MN REALTORS® Past-Presidents, elected by the MN REALTORS® Past Presidents Council
- Chairpersons of each of the Association Committees
- MN REALTORS'® NAR Directors
- The entire MN REALTORS® Executive Committee
- Representatives from the Emerging Markets in the state
Communications Committee: As an association, we push out lots of information about changes in the business environment, forms changes, regulatory concerns, education opportunities, and risk reduction activities you can implement in your business. Adding emails from NAR, Local, and MLS to the number of communications members receive daily creates a challenge in getting anyone to read messages and online newsletters. This Committee focuses on improving member contact and information dissemination.
Diversity Committee: The purpose of this Committee is to build a fully inclusive association through promoting equal opportunity in housing and diversity within the real estate industry. Committee members work against discrimination based upon race, color, national origin, religion, sex/gender, familial status, handicap, marital status, sexual orientation, and status with regard to public assistance.
Executive Committee: This Committee acts in intervals between the Board of Directors meetings on personnel, strategic planning, and other managerial issues and is subject to the control and direction of the Board of Directors. They meet approximately four times per year and all members of the Executive Committee automatically serve on the MN REALTORS® Board of Directors and also serves as the Home Owners' Alliance Board of Directors.
Finance Committee: The main focus of this Committee is to set the yearly budget and oversee its implementation. This Committee helps determine what functions and programs will be funded for the next fiscal year. Members interested in serving on this Committee must understand profit and loss statements and have financial knowledge or background. This Committee meets one time a year in early May.
Forms Committee: The objective of the MN REALTORS® Forms Committee is to create and evaluate recommended forms for use by our REALTOR® membership.
Governmental Affairs Committee: This Committee discusses, evaluates, and recommends legislation and public policies affecting the real estate industry.
Member Engagement Committee: This Committee looks at strategies and plans that provide more member involvement and networking.
Nominating Committee: Members of this Committee meet twice a year to approve candidates for the positions of President-Elect and Treasurer plus the MN REALTORS® representatives to the NAR Board of Directors.
Professional Development Committee: The most common concerns among members is the professionalism level of members. This Committee looks at ways the MN REALTORS® can help increase professionalism in the real estate industry and in the eyes of the consuming public. Education and the REALTOR® Code of Ethics are not the focus of the Committee, instead they focus on ways beyond CE to shape the professionalism of MN REALTORS®.
Professional Standards Committee: The objective of this Committee is to promote honesty, integrity, fairness, and competence and to resolve controversies on the basis of informed judgment of one’s peers. Applicants must be a REALTOR® member for a minimum of three years and will be required to attend a MN REALTORS® training program to serve on the Committee.
Professional Standards Policy Committee: This Committee generally meets twice a year to consider proposed changes to the National Association of REALTORS® Code of Ethics and Arbitration Manual and other pertinent issues pertaining to implementation of Professional Standards.
Public Advocacy Committee: The Public Advocacy Committee coordinates, reviews, and recommends all Minnesota proposals for NAR’s REALTOR® Party funding. It establishes guidelines for uniformity in messaging and membership maximization of REALTOR® Party funding. The members of the Public Advocacy Committee are elected from the Governmental Affairs Committees and RPAC Trustees plus four regional representatives.
Risk Management Committee: The main objective of this Committee is to address, recommend, and advocate policy on legal, liability, or dispute resolution issues concerning the real estate industry that best serves the interests of the members of MN REALTORS®. This Committee also evaluates requests for funds from the MN REALTORS® Legal Defense Fund, or other extraordinary legal services, and makes recommendations to the Executive Committee and/or Board of Directors for final action. Members of this Committee must have a legal background or legal experience.
RPAC Trustees: MN-RPAC Trustees disburse funds to help elect candidates to the Minnesota House of Representatives, Minnesota Senate and Minnesota's Executive branch. Contributions are non-partisan, based upon the individual candidate's views on real estate related issues, including property taxes, land use, private property rights and economic issues as they relate to job creation.
Strategic Thinking Committee: In less than 10 years, the real estate industry has seen significant change. Consumers no longer use REALTORS® as their primary vehicle to find homes for sale. Licensing, continuing education, foreclosures, lending practices, etc., have all changed significantly over the last decade. The focus of this Committee is to look at these trends, analyze their impact on the industry, and communicate them to the membership.