Comments on: An RPR Q&A Overview from Leading RE

By: Malita Jones

Malita Jones — Tue, 23 Mar 2010 05:14:58 +0000

this could be an interesting development for commercial real estate – given there is currently no one reliable source for commercial listings – i’ll have to keep my eye on this – thanks Matthew

By: Here is today’s list of top real estate posts of the day.

Here is today’s list of top real estate posts of the day. — Wed, 17 Mar 2010 14:31:36 +0000

[...] An RPR Q&A Overview from Leading RE – So what is this RPR thing everyone has been talking about for six months now. If you want to [...]

By: Reggie from RPR

Reggie from RPR — Tue, 16 Mar 2010 18:42:45 +0000

Good catch @RESage. Sorry for not catching that Matt!

By: Matthew Dollinger

Matthew Dollinger — Tue, 16 Mar 2010 18:24:14 +0000

Awesome – thanks for the information. As stated, I sent this over to RPR for fact checking, but I appreciate the help!

By: RESage

RESage — Tue, 16 Mar 2010 16:26:46 +0000

“Money came from a reserve that NAR has created from HomeStore.” That’s not correct.

NAR funded the Second Century VC company (http://www.secondcenturyventures.com/) which created RPR from member dues starting in 2008. They raised dues by $16 which raised bout $20 million in 2008 based on the total NAR member counts at the end of that year. (http://www.realtor.org/library/library/fg003)

Here is NAR press release: http://www.realtor.org/archives/feat320070519

I believe the $16 per member subsidy is still continuing. So in 2009 member’s would have contributed another $18 million.