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2026 HAAR & ValleyMLS Committee Descriptions

12/17/2025

Please note that committee descriptions, duties, and responsibilities are currently under review by the Policy Committee. Updates will be posted on this web page. To complete your engagement profile CLICK HERE.

ARPAC Committee

The ARPAC Committee (Alabama REALTORS® Political Action Committee) exists to support REALTOR® advocacy by raising and distributing funds to promote REALTOR®-supported candidates and issues that protect private property rights, homeownership, and the real estate industry.
This committee serves as the political grassroots fundraising arm of HAAR, aligning local efforts with the Alabama REALTORS® and National Association of REALTORS® PAC programs.
HAAR is one of the most influential advocacy groups in the North Alabama region, advocating for personal property rights and the American Dream of Homeownership.
Duties:
  • Develop and implement an annual ARPAC fundraising plan in coordination with the Association’s responsibilities strategic priorities.
  • Encourage 100% participation among HAAR members, affiliates, and the Board of Directors.
  • Organize special events, challenges, and recognition programs to increase member engagement and contributions.
  • Educate members about the importance of ARPAC contributions and their direct impact on legislative and regulatory issues affecting real estate.
  • Promote awareness of REALTOR® Party initiatives and mobilize member participation in Calls for Action.
  • Ensure all fund raising activities and contributions comply with state and federal election laws, as well as NAR and AAR ARPAC guidelines.
  • Work closely with Alabama REALTORS® Government Affairs staff to ensure proper reporting and remittance of funds.

Awards Work Group

To determine annual local award winners and nominees for state REALTOR® awards. 
Duties: 
Follow the criteria for review, and select the award winner for the following local HAAR Awards: 
  • HAAR REALTOR® of the Year
  • HAAR Affiliate of the Year
  • HAAR Broker Excellence Award
  • HAAR Good Neighbor Award
Following the criteria for review, and select local nominees to represent HAAR for the following Alabama REALTOR® annual awards:
  • REALTOR® of the Year
  • David D. Roberts Award
  • Robert Jemison Award
  • Arthur B. Pope Education Achievement Award
  • Harriet M. Isaacson Professional Excellence Award
  • Mickey Phillips REALTORS® for Children Award

Bylaws & Policy Committee

The Bylaws & Policy Committee is responsible for maintaining the integrity, clarity, and consistency of the governing documents of ValleyMLS and HAAR. The Committee ensures that all Bylaws, Policies, and related governance provisions reflect current legal requirements, REALTOR® standards, and the strategic direction established by the Boards of Directors.
Duties:
  • Conduct regular reviews of the Association Bylaws and Policies and MLS Bylaws and Policies to Responslblllties ensure compliance with NAR mandates, state and federal law, and best practices in association governance,
  • Recommend amendments, additions, or deletions to the Boards of Directors for consideration and approval.
  • Ensure ail governing documents (Bylaws and Policies) are internally consistent and aligned between the Association and MLS structures.
  • Coordinate with other committees and staff when policy or procedural changes impact operations or member services.
  • Serve as an advisory body to the Boards of Directors and staff on governance matters, interpretation of bylaws, and procedural questions.
  • Support leadership succession and Board structure transitions when bylaw amendments affect elections, terms, or officer roles.
  • Ensure that any proposed amendments requiring member approval are clearly communicated, with adequate notice and rationale provided to the membership.
  • Maintain historical documentation of bylaw and policy amendments for institutional continuity and reference.
  • When changes are necessary, whether due to updates in law or regulation, adjustments in Association or MLS structure, or identification of outdated or unclear provisions-the Committee shall draft proposed amendments for review and recommendation to the Board of Directors.

Caravan Committee

The Caravan Committee exists to plan, schedule, and facilitate property tours (“caravans”) to enhance property exposure, networking opportunities, and market knowledge for MLS participants and subscribers.
Duties:
  • Coordinate weekly, biweekly, or monthly caravan schedules by zip codes
  • Review and approve property submissions for inclusion on the caravan.
  • Establish and communicate submission deadlines and guidelines.
  • Promote professionalism and cooperation during caravan events.
  • Maintain caravan participation records and provide regular reports to MLS leadership.

Diversity Committee

Our Diversity Committee is dedicated to fostering an inclusive real estate community by promoting equitable practices and professional development for all members.
We advocate for fair housing initiatives and diverse representation to ensure our association reflects and serves the unique needs of our entire local population. By bridging gaps through education and outreach, we strive to create a welcoming environment where every Realtor and homeowner can thrive.
Duties:
  • Develop and recommend programs, events, and resources that increase cultural awareness, fair housing understanding, and inclusive business practices among members.
  • Encourage participation in NAR’s “At Home With Diversity” certification and other diversity education initiatives.
  • Promote recognition of cultural observances and community heritage celebrations that reflect the diverse population of the North Alabama region.
  • Develop mentorship and outreach opportunities for new and emerging leaders.
  • Strengthen relationships with local organizations, civic groups, and chambers of commerce that serve diverse communities.
  • Represent the Association at local and state diversity-focused events to foster connection and inclusion within the broader community.

Education Committee

The Education Committee is responsible for identifying, developing, and promoting educational opportunities that enhance the professionalism, competency, and ethical standards of all members.
The Committee ensures that HAAR’s education and orientation programs align with state
licensing requirements, NAR standards, and the evolving needs of real estate professionals in North Alabama.
Duties:
  • Recommend and assist in the creation of continuing education (CE) and professional development courses that address industry trends, legal updates, technology, and best practices.
  • Support innovative learning opportunities, including designations, certifications, and specialized training offered through NAR, AAR, and ValleyMLS.
  • Review and evaluate new course proposals for relevance, timeliness, and value to
    members.
  • Monitor course content and instructor performance to ensure consistency1 accuracy, and compliance with Alabama Real Estate Commission {AREC) standards.
  • Recommend qualified instructors and subject matter experts for Board approval.
  • Provide feedback to staff regarding course evaluations and suggested improvements.
  • Serve as ambassadors for HAAR’s education mission within the membership and
    community.
  • Support staff in aligning education initiatives with the Association’s Strategic Plan and Core Standards compliance.

Election Committee

An Election Committee within a Board of REALTORS® is crucial in ensuring that elections for board positions are conducted fairly, transparently, and in alignment with the organization’s governing documents.
Duties:
  • Review upcoming expiring tenns to determine the seats on the Board of Directors.
  • Supervise the voting process to ensure adherence to established procedures.
  • Reporting Election Results and communicating results to the board and membership.

Expo Committee

The REALTOR® Expo Committee is responsible for planning, promoting, and executing the annual HAAR REALTOR® Expo, the Association’s largest trade and networking event.
The Committee’s purpose is to provide members with access to industry partners, products, and services that support their real estate business while strengthening relationships among REALTORS®, Affiliates, and the broader community.
Duties:
  • Develop the overall theme, layout, and format of the annual REALTOR® Expo.
  • Recommend event date, location, and structure for approval by staff and the Board of Directors.
  • Assist in selecting and coordinating vendors, sponsors, and exhibitors that add
    educational and business value to attendees.
  • Work with staff to ensure the Expo aligns with HAAR’s brand standards and strategic objectives.
  • Review the proposed Expo budget in coordination with staff and the Finance
    Committee
  • Ensure the event operates within the approved budget while achieving maximum
    value for members and sponsors.
  • Conduct post-event evaluations to assess attendee satisfaction, exhibitor performance, and financial outcomes.
  • Provide recommendations for improvements and innovations for future events
  • Collaborate with staff to identify sponsorship opportunities and help secure exhibitor and sponsor participation.
  • Ensure sponsorship packages are fair, transparent, and consistent with Association
    policies.
  • Encourage Affiliate engagement to promote strong member-business partnerships

Finance & Budget Committee

The purpose of the Finance & Budget Committee is to provide financial oversight over the Association and MLS, including budgeting, financial planning, financial reporting, and risk management. The Committee ensures fiscal responsibility, transparency, and accountability in all financial matters and supports the Board of Directors in fulfilling its fiduciary duties.
Duties:
  • Be familiar with the organization’s Strategic Plan and, specifically, objectives related to financial Responsibilities management, budgeting, and long-term sustainability.
  • Ensure that financial decisions and resource allocation supp0rt the organization’s mission and strategic priorities.
  • Ensure the Committee’s charter c1early defines its role, scope, authority, and relationship with staff and the Board.
  • Ensure accurate and timely preparation and review of financial records and statements, including income statements, balance sheets, and cash-flow reports.
  • Develop, monitor, and enforce internal controls, policies, and risk-management practices, including fraud prevention, segregation of duties, and documentation standards.
  • Oversee audits or coordinate with external auditors to review findings and ensure timely implementation of recommendations.
  • Work with the Board to establish review, and update financial policies, including investment, reserve, gift acceptance, and expense reimbursement policies.
  • Work with staff to develop the annual operating budget aligned with the organization’s mission and strategic plan for presentation to the Board of Directors.
  • Set long-range financial goals, including reserve funds, cash-flow cushions, and capital/equipment replacement, and prepare multi-year financial forecasts.
  • Monitor budget versus actual results, identify variances, and recommend connective actions to the Board of Directors as needed.
  • Provide guidance to staff on structuring budgets, contracts, and expenditures to comply with thresholds and internal approval requirements.
  • Present financial information and analysis to the Board in an understandable format to support informed decision-making.
  • Highlight key financial issues, including cash-flow concerns, budget deviations, funding shortfalls, and program cost versus benefit.
  • Ensure the Board is informed of all external reporting responsibilities, including tax compliance, donor reporting, and regulatory filings.
  • Monitor all budgeted and non-budgeted expenditures and multi-year contractual commitments that fall below Board or Membership approval thresholds to ensure they are properly approved by the CEO or designated staff, aligned with the approved budget, and compliant with organizational policies.
  • Ensure all below-threshold expenditures are properly documented and reported to the Finance Committee and Board as part of regular financial oversight.
  • Identify and report any financial risks, cumulative exposures, or budgetary concerns related to below-threshold items to the Board or President/CEO as appropriate.
  • Other finance-related duties as assigned by the President and/or CEO.

Gala Work Group

To plan and execute the annual REALTOR® Installation of Officers & Directors.
Duties:
  • Duties and To plan and execute the annual REALTOR® Gala, which typically takes place the first or second Saturday of each January.

Government Affairs Committee

The Governmental Affairs Committee (GAC) is responsible for monitoring, influencing, and communicating public policy issues that impact real estate, private property rights, housing affordability, and the business interests of REALTORS®.
The Committee serves as the political advocacy arm of the Association, ensuring members’ voices are represented at the local, state, and national levels of government.
Duties:
  • Track Local, State and National Legislation & Policy Issues and provide regular reports to the Board of Directors and to the membership.
  • Advocate for REALTOR Interests, Educate & Mobilize Members, and Coordinate with Local Government by building relationships with decision-makers and policymakers.
  • Ensure the REALTOR’s voice is heard at the table before rules get written without industry input.
  • Support Community & Economic Development by advocating for smart growth, infrastructure improvements, and policies that promote sustainable development and homeownership opportunities.
  • Align with NARs Core Standards and support federal policy positions when applicable
  • Coordinate with state and national legislative staff.

Grievance Committee

The Grievance Committee is responsible for reviewing ethics complaints and arbitration requests submitted by members, clients, or the public to determine whether they meet the procedural requirements for a hearing before the Professional Standards Committee.
The Committee does not determine guilt, innocence, or the merits of a case-it functions like a “grand jury,” deciding only whether sufficient evidence or probable cause exists for a full hearing.
Duties:
Review ethics complaints and arbitration requests in accordance with the NAR Code of Ethics and Arbitration Manual and HAAR’s adopted procedures.
Determine whether:
  • The complaint or request is properly filed.
  • The respondent is a current REALTOR® member of the Association.
  • The alleged violation, if true, would constitute a potential violation of the Code of Ethics or an arbitrable issue.
  • The matter is timely filed under NAR’s one-hundred-eighty (180) day rule or other applicable time limits.
  • Forward cases that meet the criteria for a -full hearing to the Professional Standards Committee for adjudication.
  • Dismiss cases that fail to meet procedural requirements or clearly lack substance,
    providing a written explanation to the complainant.
  • When appropriate, recommend ombudsman services or mediation as alternative dispute resolution paths.
  • Review arbitration requests between REALTORS® (and between REALTORS® and clients) to determine whether a contractual relationship exists and whether the dispute falls within the Association’s jurisdiction.
  • Refer to qualifying arbitration cases to the Professional Standards Committee or to mediation, as required by policy.

Investment Committee

To oversee and manage the organization’s investment portfolio and financial assets in alignment with its goals, risk tolerance, and long-term sustainability.
Duties:
  • Develop and Maintain an Investment Policy Statement: Define Goals, risk tolerance, asset allocation, and performance benchmarks.
  • Select and oversee investment managers or advisors: Monitor performance and ensure fees are fair and services align with expectations
  • Monitor Portfolio Performance: Review returns vs benchmarks regularly (typically quarterly) and rebalance the portfolio when needed to stay aligned with policy and market conditions
  • Ensure Liquidity for Operational Needs: Make sure the association and MLS have enough accessible funds for expenses, reserves, and emergencies.
  • Advise the Board on Financial Strategy: Make recommendations about long-term reserves, capital improvements, or strategic initiatives that require funding. Translate complex financial information into a language the board members will understand.
  • Risk Management and Compliance: Ensure the organization isn’t overexposed or violating policies or legal standards. 

Leadership, Orientation, & Development Committee

To ensure the ValleyMLS and HAAR Boards of Directors maintain strong, informed, and effective leadership, all elected and appointed Directors are required to participate in annual leadership training.
This policy reinforces the organization’s commitment to governance excellence, accountability, and compliance with all applicable governing documents, laws, and REALTOR® standards.
Duties include the following training:
  • Introduction to the Governing Documents
  • Fiduciary Duties (Care, Loyalty, Obedience)
  • Confidentiality & Conflict of Interest
  • Antitrust Compliance
  • Meeting Protocols & Decision Making (Roberts Rule of Order)
  • Professional Conduct & Board Etiquette
  • Past Presidents invited by the current President to provide perspective or mentorship

MLS Compliance Committee

The purpose of the MLS Compliance Committee is to work with the MLS Department in the oversight of the MLS Rules & Regulations and Policies of ValleyMLS.
Duties:
  • Be familiar with ValleyMLS Rules & Regulations, Bylaws, and the ValleyMLS Penalty Policy.
  • Prepare an annual review of the Penalty Policy and bring recommended updates/revisions to the Board of Directors for approval.
  • Provide direction and assistance to design the compliance program to help prevent and/or detect violations of the ValleyMLS Rules & Regulations.
  • Assist staff in communication of the Member Compliance Policy to ValleyMLS Membership.
  • Review reports and actions resulting from audits or compliance issues.
  • Prepare reports and recommendations to the ValleyMLS Officers & Directors.
  • Perform other duties and responsibilities as determined by the Chair of MLS President.
  • Serve on Hearing Panel.

MLS Forms Committee

The purpose of the MLS Rules and Regulations Committee is to develop and make recommendations to the ValleyMLS Board of Directors relating to MLS Rules & Regulations and Policies.
Duties:
  • Comply with current Alabama Real Estate Commission (AREC) regulations, federal and state laws, and National Association of REALTORS® (NAR) policies.
  • Reflect best practices in real estate transactions to protect consumers and REALTORS®.
  • Promote consistency and accuracy in documentation used across ValleyMLS Participants and Subscribers.
  • Recommend updates or new forms to the ValleyMLS Board of Directors for approval, ensuring timely revisions in response to legislative or regulatory changes.

MLS Rules & Regulations Committee

The purpose of the MLS Rules and Regulations Committee is to develop and make recommendations to the ValleyMLS Board of Directors relating to MLS Rules & Regulations and Policies.
Duties:
  • Develop and make recommendations to the ValleyMLS Board of Directors relating to Local, State, and National Policies.
  • Conduct a minimum of one (1) annual review of the ValleyMLS Rules & Regulations, and Bylaws, and Policies.
  • Work within the guidelines/boundaries of the MLS’s current Strategic/Business Plan.

MLS Technology Committee

ValleyMLS is committed to staying at the forefront of technology. The MLS Technology Committee is charged with identifying and researching technology that could enrich the user experience of ValleyMLS Participants and Subscribers.
Duties:
  • Anticipate and Analyze MLS Technology Issues/Offerings

Nominating Committee

To determine both the qualifications of applicants for HAAR and ValleyMLS Officer and At-Large Board Director positions and to determine the slate for members to vote upon.
Duties:
  • The Committee shall meet at least three (3) months ahead of the elections to determine the number of open Director positions for both HAAR and ValleyMLS. Five (5) of the seven (7) members must be present at meeting to conduct Committee business.
  • The Committee shall then put out a Request for Nominations electronically to all qualified members ten (10) business days before the Nomination Period. The Nomination Period shall be open for ten (10) business days.
  • The Committee shall meet to review the submitted nominations and determine the list of qualified candidates to be interviewed by the nominating committee.
  • The Committee will interview all qualified candidates to ask questions as outlined in the Nominating Committee Questionnaire located in the appendix section of the HAAR policy manual.
  • The Nominating Committee shall select one (1) or more nominees for each Officer and At-Large Director position. From the interviews, the Committee will determine the slate of qualified candidates for Officer and At-Large Director positions.
  • All candidates shall be informed via email as to their standing. However, no individual may be placed in nomination unless and until that individual has agreed to serve, if elected.
  • The report of the Nominating Committee containing the slate of candidates shall be electronically transmitted to each HAAR member eligible to vote at least fifteen (15) business days preceding the election.
  • Additional candidates for the Board of Directors positions to be filled may be placed on the ballot by petition signed by at least twenty percent (10%) of the REALTOR® members. No more than thirty percent (30%) of required signatories may be members of the same company. The petition shall be filed with the designated member of staff at least ten (10) business days before the election.
  • The final slate of candidates shall be electronically transmitted to each HAAR member eligible to vote five (5) business days preceding the election.
  • The morning following the election, the Elections Committee shall review online results and any paper ballot, certify the election results and notify the candidates.

Past Presidents Advisory Council

To advise, mentor, and support the current leadership of the association by offering historical perspective, strategic insights, and continuity-without overstepping into micromanagement territory.
PLEASE NOTE: Open to all past HAAR presidents only.
Duties:
  • Act as Strategic Advisors by providing guidance on long-term planning, leadership
    succession, and major initiatives.
  • Offer a “big picture” view based on lessons learned during their own terms.
  • Support Leadership Development: Mentor up and coming leaders, committee chairs, and incoming president.
  • Help Identify, recruit, and encourage members for future leadership roles.
  • Preserve Institutional Memory by serving as the unofficial archive for “why we do things this way” – useful when the board’s about to repeat a past mistake in a shiny new wrapper.
  • Participating in Special Projects or Ceremonial Roles
  • Stay out of Day-to-Day Governance
  • Promote Unity and Legacy by maintaining continuity and culture from administration to administration

Professional Standards Committee

The Professional Standards Committee is responsible for conducting hearings on alleged violations of the NAR Code of Ethics and for resolving disputes involving members through arbitration or mediation when properly referred by the Grievance Committee.
The Committee ensures that members of the Huntsville Area Association of REALTORS® (HAAR) uphold the highest standards of professionalism, integrity, and ethical conduct as required by the REALTOR® Code of Ethics.
Duties:
  • Conduct hearings on’ alleged Code of Ethics violations in accordance with the NAR Code of Ethics and Arbitration Manual and HAAR’s adopted procedures,
  • Provide both complainant(s) and respondent(s) an opportunity to be heard in a fair,
    impartial, and confidential process,
  • Determine findings of fact and recommend appropriate disciplinary actions, if warranted,
  • Ensure hearing panels are properly constituted, impartial, and adequately trained,
  • Conduct arbitration hearings involving contractual or commission disputes between REALTORS®, or between REALTORS® and clients, as referred by the Grievance Committee,
  • Evaluate evidence and testimony to render binding decisions consistent with NAR policy and Alabama law.
  • Uphold fairness, neutrality, and due process throughout proceedings

REALTORS® in Action Committee

To assist REALTORS in need whether it is from a hardship, personal tragedy, illness, or as a result of a natural disaster.
Duties:
  • Accept applications from REALTORS® experiencing significant hardship and, based on established criteria, decide whether or not they are eligible to receive assistance from RIA.
  • Delivering assistance to those the Work Group determines by vote are eligible for such assistance.
  • Plan and execute Service Week by recruiting REALTOR® volunteers to donate their time to serve local non-profit organizations.
Read More

November 2025 Fast Stats

12/15/2025

Please note! Beginning in 2025, ValleyMLS will highlight MEDIAN Sale Price instead of AVERAGE Sale Price to reflect a more accurate overview of the local market for media and consumers.

ValleyMLS.com Market Stats include statistics from the following cities/counties: Athens, Limestone County, Dekalb County, Etowah County, Cherokee County, Huntsville, Madison County, Jackson County, Marshall County, Morgan County, Lawrence County

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📢 Important Announcement: Bylaw Revisions Approved!

12/05/2025

We are pleased to announce that the proposed revisions to the HAAR and ValleyMLS Bylaws were successfully approved by our membership yesterday, December 4th, 2025, at a Special Called Joint Meeting of the Association and MLS.
Thank you to those who were able to join and make their voices heard – and also to those who worked tirelessly to make our bylaws stronger in a constantly-changing industry. 

What's Next?

The approved Bylaw revisions are effective immediately. We encourage all members and subscribers to familiarize themselves with the updated documents, which are available below and on the HAAR and ValleyMLS websites.
Thank you to everyone who attended and cast their vote. Your engagement is vital to the strength and future of our organization!
Read More

NAR’s Real Estate Forecast Summit

12/02/2025

On December 9, 2025, from 3:30–5:00 p.m. ET, NAR will hold a virtual economic and real estate summit that will provide a year-end review and a forecast on the economy and housing for 2026.
Join NAR’s top economists—Dr. Lawrence Yun, Dr. Jessica Lautz, and Nadia Evangelou—for the Real Estate Forecast Summit: The Year Ahead, happening Dec. 9, 3:30–5 p.m. ET.
This free, 90-minute virtual event will explore the latest economic data and how it’s expected to impact the real estate market in 2026.
Expert speakers and guest panelists will share insights on:
• Residential market outlook: Reviewing 2025 performance and 2026 projections
• Demographic shifts: How evolving buyer and seller profiles are shaping demand
• Regional perspectives: Deep dives into key U.S. markets and what to watch next
Gain the strategic guidance you need to plan for the year ahead. Reserve your spot today—attendance is free.
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2026 Gala Single Tickets & Tables on Sale

12/01/2025

Reserve your ticket to the 2026 REALTOR® Gala!

2026-Gala-6

From navy to sapphire to sky, wear your formal blue with pride at the 2026 REALTOR® Gala.

Event Highlights: New Day/Date of the Year, Attire, Seating

An Evening of Elegance & Purpose

On Saturday, January 10th, at The Jackson Center, 
HAAR proudly hosts the annual REALTOR® Gala.

Together, we will celebrate the induction of new leaders of HAAR & ValleyMLS,
and honor the unwavering commitment REALTORS® share with our communities.

This year’s Gala will shine in support of Girls Inc.,
empowering the next generation to be strong, smart, and bold.

In a spirit of unity and leadership,
guests are invited to grace the evening in shades of blue
a reflection of strength, empowerment, and community.

Join us for a night of celebration, purpose, and promise.

Please note, tables include a total of 8 seats. If you need more than one table, please email gala@valleymls.com. 

Log into the dashboard at HAAR.realtor, click Register for Event, then click  Realtor Gala Table (8 seats) or Realtor Gala Tickets. From there, put in the names of the (7) people sitting at the table with you and any dietary restrictions (Vegetarian, Vegan). Please put “unknown” when adding each attendee if you do not know who will be sitting at your table yet. 
Once you know who will sit at your table, email gala@valleymls.com to add your attendees and their meal preferences.
Login at ims.huntsvillerealtors.com and enter your NRDS ID and Password; please call 256.536.3334 if you need help logging into your account. Next go to the Realtor® Gala Table (8 seats), click on Register. From there, put in the names of the (7) people sitting at the table with you and any dietary restrictions (Vegetarian, Vegan). Please put “unknown” when adding each attendee if you do not know who will be sitting at your table yet. 
Once you know who will sit at your table, email gala@valleymls.com  to add your attendees and their meal preferences. 
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HAAR & ValleyMLS Joint Meeting December 4th

11/21/2025

Mark your calendars! HAAR & ValleyMLS will hold a special called meeting to approve revisions to association and MLS bylaws. Please register through your dashboard. CLICK HERE for a refresher on how to register. 

The Details

Date: Thursday, December 4th
Time: 11:30am
Location: 535 Monroe St. NW, Huntsville, AL, 35801
Key Agenda Item: Vote on revised HAAR & ValleyMLS bylaws.
Bylaw revisions were approved by the ValleyMLS and HAAR Boards of Directors, respectively, at their meetings on November 4th, 2025.

Thank you to our meeting sponsor:

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NXT Wrap Up: The Wrap on 2025: A Year of Challenge—and Tremendous Progress

11/19/2025

The National Association of REALTORS® Board of Directors and Delegate Body meetings on Monday capped off a week of governance meetings, education and networking at NAR NXT, The REALTOR® Experience.
At the Board of Directors meeting, the association’s 2026 officers were installed; NAR Treasurer Craig Sanford presented a report on the association’s financial position; and board members approved recommendations from the Finance Committee, Professional Standards Committee and Leadership Team.

Board Actions

Board members approved four Professional Standards Committee recommendations to modernize the Code of Ethics and bring it into alignment with the 2024 legal settlement:
  • Amended Article 6 to expand transparency by ensuring that real estate referral fees are disclosed to clients and customers (later narrowly defeated by the Delegate Body)
  • Amended Article 7, regarding disclosure of compensation from more than one party, to limit its disclosure and approval requirements to a REALTOR®’s client or clients. (Written agreements with buyers, required under the 2024 settlement agreement, may include compensation from both the buyers and the listing side. The change makes clear that there is no obligation to disclose the contents of a buyer-broker agreement to sellers or their brokers.)
  • Deleted Standard of Practice 3-4. The SOP’s requirement to disclose a variable rate commission was predicated on a unilateral offer of compensation in the MLS. The elimination of this SOP is another step in modernizing the Code with regard to the settlement practice changes.
  • Updated the language of Standard of Practice 17-4 to ensure compliance with the tenets of the settlement agreement by reinforcing that compensation awarded in arbitration may not exceed the amount outlined within the terms of the buyer representation agreement.
The Article 7 and Standard of Practice changes go into effect Jan. 1, 2026. 
Board members approved BDO USA as the audit and tax services provider for NAR, effective with the 2025 fiscal year audit. Sanford reported that membership stands at 1,491,126 members, 6.5% over the budgeted number for 2025. The projected membership for 2026 is 1.2 million.
Finally, the board approved an amendment to the NAR Constitution to give local and state associations more time to appoint NAR directors. The deadline was extended from Sept. 15 to Oct. 31 of the year prior to service.

Special Recognitions

Directors welcomed the 2025 Distinguished Service Award winners to the stage. The DSAs, named at the REALTORS® Legislative Meetings in June 2025, are Brooke Hunt of Flower Mound, Texas, and Jim Cormier of Blaine, Minn. Hunt thanked all those who contributed to her journey and said, “no one gets here without the support of others.” Cormier said a comment made by an NAR keynote speaker, early in his career, has stuck with him: “You’ll get what you want in life if you help others get what they want.”

NAR 2025 President Kevin Sears gave special thanks to CEO Nykia Wright and San Francisco broker Vince Malta for their leadership. Malta, who was NAR’s 2020 president, stepped back onto the Leadership Team in 2024 to fill a sudden vacancy and remained on the team through 2025.

Sears, a broker from Springfield, Mass., surprised two volunteer leaders with a President’s Award for their extraordinary service in 2025:
  • Dawn Ruffini of Wilbraham, Mass., 2025 Strategic Planning Committee Chair
  • Ezekiel “Zeke” Morris of Chicago, 2025 REALTOR® Party Director
CEO Nykia Wright closed the meeting with her own thank you. Sears—who stepped into the presidency a year early—is only the second two-term president in NAR’s 117-year history. Wright said she’ll remember him “for carrying the association through its most turbulent and darkest period … He made the load easier to carry … I’m grateful to have had him along with me on this journey.”

Delegate Body Actions

Changes to the NAR’s Constitution and Code of Ethics Articles also require approval by two-thirds of the Delegate Body. Following the board meeting, the Delegate Body met to consider three constitutional amendments and two changes to the Code of Ethics.

The Delegate Body:
  • Approved a constitutional amendment that no fewer than 10% of the Executive Committee be REALTORS® whose primary focus is commercial real estate, as approved by the Board of Directors in November 2024
  • Approved a constitutional amendment to say that the Executive Committee include a commercial practitioner who has served as chair, vice chair, or liaison of an NAR commercial-related committee or forum for a two-year term, as approved by the Board of Directors in June 2025
  • Approved extension of the deadline for NAR director appointments, as approved by the Board of Directors at Monday’s meeting
  • Narrowly defeated the amendment to Article 6 of the Code of Ethics that real estate referral fees be disclosed to clients and customers, a motion approved by the Board of Directors at Monday’s meeting
  • Approved the amendment to Article 7 of the Code of Ethics regarding disclosure of compensation from more than one party, as approved by the Board of Directors at Monday’s meeting

Executive Committee Actions

  • Unanimously approved the 2026-28 Strategic Plan
  • Approved a set of 18 recommendations to update the Multiple Listing Policy Handbook
  • Supported a uniform, nationwide adoption of a requirement for community associations to disclose master insurance policies and related documents to buyers.
  • Supported reforms to preserve the long-term viability of the National Flood Insurance Program, including limiting or excluding coverage for properties with excessive flood loss claims
  • Reaffirmed support for federal tax policies that assist owners whose real and personal property is threatened by, damaged or destroyed by national disasters
  • Modified NAR’s policy on 1031 exchanges in support of elimination of the 45-day and 180-day rules
  • Voted to support digital transaction technologies proposed in federal legislation
  • Approved a new policy on public land use that encourages protection of property rights, sustainable resource use, long-term conservation and ecosystem protection, public access and recreation, science-based management, and local input and decision-making
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Help Huntsville Shine: Vote for Galaxy of Lights!

11/18/2025

We are excited to share some fantastic news: The Huntsville Botanical Garden’s Galaxy of Lights has been nominated as one of USA Today’s prestigious 10Best Holiday Light Shows!
This wonderful recognition is a true testament to the dedication of the community that brings this cherished event to life every holiday season—including all of you!

Your Vote Makes a Difference!

Now, we need your help to secure the top spot and bring this national title home to Huntsville!
Please show your support for the Huntsville Botanical Garden by voting daily from every device you can:
➡️ VOTE HERE: https://10best.usatoday.com/awards/galaxy-of-lights-huntsville-botanical-garden-huntsville-alabama
Voting is open until 11:59 a.m. EST on December 1st. Every single vote is crucial and helps put a national spotlight on our amazing city and the Garden.

Spread the Word!

We encourage all our members to utilize your communication channels to amplify this effort!
Thank you for helping us celebrate three decades of this incredible holiday tradition and for your support of one of Huntsville’s most treasured community assets!
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October 2025 Fast Stats

11/14/2025

Please note! Beginning in 2025, ValleyMLS will highlight MEDIAN Sale Price instead of AVERAGE Sale Price to reflect a more accurate overview of the local market for media and consumers.

ValleyMLS.com Market Stats include statistics from the following cities/counties: Athens, Limestone County, Dekalb County, Etowah County, Cherokee County, Huntsville, Madison County, Jackson County, Marshall County, Morgan County, Lawrence County

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CRITICAL 2025 DATA: Know Your Client Better Than Ever

11/07/2025

The housing landscape is shifting dramatically. This year’s flagship report from the National Association of REALTORS® (NAR) reveals market extremes—from an unprecedented drop in first-time buyers to record-high tenure for sellers. Access this data now to sharpen your listing presentations, advise your buyers with confidence, and secure your place as the definitive market expert in our area. 

Top Three Insights to Know

A New Buyer Age: The median age of the first-time buyer has climbed to a record 40 years old.
Loyalty is at a High: A record-matching 91% of sellers used a real estate agent.
The Equity Effect: All-cash purchases hit an all-time high of 26% among primary residence buyers.
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