Home

Memorandum: Proposed Bylaws Changes Relative to the Election of Officers and Directors

Posted by: Unknown on Tuesday, July 25, 2023

 

MEMORANDUM

FROM: Scott A. Haggerty, Bylaws Chair
TO: REALTOR® Members
DATE: July 24, 2023
RE: Proposed Bylaws Changes Relative to the Election of Officers and Directors

 

 

The intent of this communication is to inform you of the following proposed bylaws changes. These were approved by the Board of Directors, and, therefore, require approval from our REALTOR® members. A majority vote of all REALTOR®members, in good standing, is required to approve these changes.

It is important to note that voting on these changes will run concurrently with the 2024 Election of Officers and Directors. On the morning of August 2, you will receive a link to the voting portal inviting you to cast your vote. Immediately following your vote for officers and directors, you will be presented with one question asking if you approve of the recommended bylaws changes.   

The ballot question before you relates to “ARTICLE XI – OFFICERS AND DIRECTORS”. This question contains a host of “clean-up” changes relating to Article XI, as follows:

  • The verbiage change in Section 1 (Officers), subsection (b), (Appointed Officer) is merely a style change.
  • The current Section 3 (Board of Directors), subsection (c), is targeted for elimination as the REALTOR-ASSOCIATE® director positions have all been phased out due to the elimination of this member type in 2019.
  • The proposed verbiage in Section 3 (Board of Directors), previously labeled subsection (d) and now proposed subsection (c), states that no one firm or franchise may be entitled to have more than four (4) members serving at any one time. This language was added in 2019 when the REALTOR-ASSOCIATE® membership category was eliminated to complement the reduction in the overall size of the board of directors. The proposed verbiage was also intended to be added in 2019 but was accidentally omitted. This verbiage clarifies what happens should any firm or franchise increase to five (5) directors.
  • The proposed verbiage in Section 3 (Board of Directors), previously labeled subsection (f) and now proposed subsection (e), states that the Affiliate Director shall not be entitled to vote on matters relating to ratifying any professional standards decision. The reasoning for this is that Affiliate members are not subject to the REALTOR® Code of Ethics and do not have the necessary subject matter background to make informed decisions in this regard.
  • The proposed verbiage in Section 3 (Board of Directors), previously labeled subsection (g) and now labeled subsection (f), makes it clear that an appointed director must be a member in good standing during their entire term and that this appointee must meet the same requirements as an elected director.
  • The proposed verbiage in Section 4 (Election of Officers and Directors), subsection (g) renames the Board Development Committee the Board Development and Leadership Committee, expands the size of this Committee from five (5) to seven (7), and expands the scope of the Committee to include a focus on volunteer service at the state and national levels.
  • The proposed verbiage in Section 4 (h) (Election Officers and Directors), clarifies that a member may not run for more than one position, including NAR Director.
  • The proposed verbiage in Section 4 (j) (Election Officers and Directors), updates the name of the “Board Development and Leadership Committee.”
  • The proposed verbiage in Section 4 (Election of Officers and Directors), subsection (l) makes it clear that Officer and Director positions shall be assigned to those candidates receiving the highest number of votes in each respective category. It also specifies that in matters where there are full and partial terms on the ballot, the full terms shall be assigned to the highest vote-getters, followed by partial terms to be assigned to the next highest vote-getters.
Go Back
Top