FAAR - About Us

REALTORS® ... "Your Real Estate Information Connection..."

Today, more than ever, you face difficult decisions concerning your real estate needs. You need the help of experienced real estate professionals who will successfully guide you in all phases of your transaction. REALTORS® are the answer!

What is a REALTOR®?

A real estate agent is a REALTOR® when he or she is a member of the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate® -- the world's largest professional association.

The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.

Founded in 1908, NAR has grown from its original nucleus of 120 to today's one million members. NAR is composed of residential and commercial REALTORS®, who are brokers, salespeople, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. Members belong to one or more of some 1,700 local associations/boards and 54 state and territory associations of REALTORS®. They can join one of our many institutes, societies and councils. Additionally, NAR offers members the opportunity to be active in our appraisal and international real estate specialty sections.

REALTORS® are pledged to a strict Code of Ethics and Standards of Practice. Working for America's property owners, the National Association provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system and the right to own real property.

Why Use a REALTOR®?

1. Your REALTOR® can help you determine your buying power.

2. Your REALTOR® has many resources to assist you in your home search.

3. Your REALTOR® can assist you in the selection process by providing objective information about each property.

4. Your REALTOR® can help you negotiate.

5. Your REALTOR® provides due diligence during the evaluation of the property.

6. Your REALTOR® can help you in understanding different financing options and in identifying qualified lenders.

7. Your REALTOR® can guide you through the closing process and make sure everything flows together smoothly.

8. When selling your home, your REALTOR® can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties.

9. Your REALTOR® markets your property to other real estate agents and the public.

10. Your REALTOR® will know when, where and how to advertise your property.

11. Your REALTOR® can help you objectively evaluate every buyer's proposal without compromising your marketing position.

12. Your REALTOR® can help close the sale of your home.

Mission Statement

REALTOR®; is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics

To unite those engaged in the recognized branches of the real estate profession for the purpose of exerting a beneficial influence upon the profession and related interest.

To promote and maintain high standards of conduct in the real estate profession as expressed in the Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS®.

To provide a unified medium for real estate owners and those engaged in the real estate professions whereby their interests may be safeguarded and advanced.

To further the interests of home and other real property ownership.

To unite those engaged in the real estate profession in this community with the MINNESOTA ASSOCIATION OF REALTORS®, INC. and the NATIONAL ASSOCIATION OF REALTORS®, thereby furthering their own objectives throughout the state and nation, and obtaining the benefits and privileges of membership therein.

To designate for the benefit of the public, those individuals authorized to use the terms REALTOR® and REALTORS® as licensed, prescribed and controlled by the NATIONAL ASSOCIATION OF REALTORS®.