Industry Relations The knowns and unknowns of NAR leadership decisions
Nov 20, 2024
The hosts explore the complexities of leadership decisions in real estate, focusing on NAR's CEO and membership challenges for 2024. They dive into membership retention strategies amidst controversies and discuss the fallout from a $2 billion broker club. A lively debate unfolds about effective leadership, emphasizing the importance of visible action versus behind-the-scenes work. Additionally, the role of member surveys in fostering communication and rebuilding trust in leadership is highlighted, making for a thoughtful conversation filled with insights.
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Rebuilding Trust
- NAR's CEO, Nykia Wright, plans to rebuild trust and relationships after a tumultuous year.
- This includes engaging with the broker movement and the "$2 billion club."
Nykia Wright's First Year
- Nykia Wright's first year as CEO involved navigating lawsuits, settlements, and internal crises.
- She has been CEO for one year and permanent CEO for three months.
Leadership in Crisis
- Real leaders take action and make decisions, especially during crises.
- They don't wait for all the information before acting decisively.