There are 18 NRBA members in my area Thats about 10 more than it was 18 months ago, including the handful that have been doing REO's for 30 yrs and have a hugh business anyway. There are several that have way less listings than I have recieved just from doing BPO's. And not quality listings on most. One NRBA member has 8 active listings that don't equal in value to 1 of my 2 listings. That would be painful to do so many that are under $50k and as you might assume, dangerous too for the areas they are located in.
I think I wasted enough money on organizations that promote themselves as being noticed by the banks, which is unlikely.
Why is the number of agents being increased so much at NRBA? Fees? I don't know but will stay stubborn for now

I find it kind of ironic that an unhappy former NRBA member continues to ask "where does the money go questions" and seems to be accusing a few people of profiting from the organization.

My first point is that the people that incorporated NRBA way back when certainly don't need income from NRBA, if there is any, to survive. All of the officers and directors have thriving REO businesses that generate a lot more in revenue than the NRBA generates.

My second point is that NRBA is not something that runs from a computer is someone's basement. NRBA has operating expenses just like any other business; rent, technology, employees, utilities to name a few

My third point is that NRBA promotes the membership through sponsorships at a large number of trade events, like REOMAC, Five Star, etc. These are promoted to the trade not the agent attendees.

My fourth point is that many of the directors have taken their own time and money to make client calls to promote the membership to the trade. I remember a few years ago when JackREO actually helped a company set up their BPO business. Any member that applied to that company benefited from the additional revenue.

As I stated earlier, I don't always agree with everything promulgated by NRBA, but the pluses far outweigh the few negatives. And there are plenty of REO kings and queens that would never join NRBA. That's a choice they make.

You made the decision to leave the group. That's a choice you made. But using statements like "gorge themselves on the membership's high monthly fees" and "I just find the structures and representations of the association a bit smarmy" make you appear to be very closeminded.

Pinhurst, you made the assumption that I am an unhappy former member which I am not. To use JackREO’s metaphor, I simply choose to swing my hammer differently and build my business in other ways. Also, I never said that there were no benefits to be derived from belonging to the NRBA. If you bother to read my post rather than “read into it”, you would see that I have stated that there are many excellent and helpful members in the NRBA.

The reason I dropped my membership is that the NRBA refuses to disclose how they spend the dues that they collect. I agree that they have some operating expenses but expenses are very small since there are only a couple employees of the Association. They do have some computer expenses, utilities, spend a few bucks on an ad here and there, etc., but these expenses do not add up to the huge revenue generated from the membership. The reality is that the NRBA hides how it spends dues collected from the membership. If there is nothing to be embarrassed about, why not disclose? It is my belief that a lot more benefit could be generated for the membership with the dues that are collected than what is currently on the table.

The one thing that I am close minded about in this business is full disclosure. I believe in it and that will never change.