Realtors project group will face budget shortfalls in coming years A new budget proposal by National Association of Realtors projects the group will run the organization at a loss for the next three years, according to the industry news site Inman News. NAR will likely see net revenue of $1.71 million in 2013, but must dip into reserves to come up with $614,000 to $727,000 each year from 2014 to 2016, the site reported. The group said the shortfalls result from incremental increases in existing programs rather than the launch of new programs. NAR board treasurer Bill Armstrong said he didn't want anyone believing he supports budgeting at a loss. "But we look at these as… Read More