The NATIONAL ASSOCIATION OF REALTORS® in March announced an organizational change designed to enhance the visibility and priority of its commercial and international areas. NAR has combined its Commercial Division with its Global Services Division in a move that mirrors what some state and local REALTOR® associations have done already to emphasize how these two specialties can work together.
“The structure of NAR’s new Commercial & Global Services Group shines a deliberate spotlight on residential and commercial sectors worldwide,” says Janet Branton, senior vice president of Commercial and Global Services. “Cross-border investment, in both commercial and residential, is not a fad—the world is getting smaller and globalization will continue to shape the industry as a whole.”