The Executive Committee shall be comprised of the President, President Elect, Secretary Treasurer, Immediate Past President and four District Vice Presidents, one from each of the four Districts, as elected by the membership.
This committee shall make recommendations and transact business within the authority of the Board between meetings of the Board of Directors, and shall report such actions in full at its next meeting, with the exception of Executive Session proceedings. This Committee shall not have the power to alter the Association’s travel budget, change the dues structure, execute special assessments on the members or alter the bylaws except when mandated by the National Association of REALTORS® or by laws enacted by the State of Arkansas.
The Board of Director’s is the highest authority in the Association.
Their authority is detailed in the Constitution and Bylaws of ARA.
The Board of Directors shall administer the finances of the Association and shall have sole authority to procure, appropriate, and allocate money. Funds appropriated by the annual budget approved by the Board of Directors shall be considered appropriated and allocated, and may be ordered to be paid by the Executive Committee and the Secretary-Treasurer.
The President of the Association shall serve as presiding officer of the Board of Directors.
All members of the Board of Directors are required to complete the Professional Standards training offered by the Association once every two years.
The Association Executives Committee is a standing committee of the Arkansas REALTORS® Association composed of executive/ administrative officers of all Member Boards/Associations in the state.
The Association Executives Committee (A.E.C.) provides forums for Association Executives to be informed on Association issues and procedures. As appropriate, the A.E.C. shall provide recommendations to leadership on issues of concern of the REALTOR® organization.
The A.E.C is to be a resource for REALTOR® associations at all levels.
The Communications Committee is to assure the quality and effectiveness of internal communications within the membership of the organization, as well as keep membership informed about matters that affect them and the real estate industry.
The Committee should also promote and insure understanding of the value and benefit of membership in the Arkansas REALTORS® Association.
It is also the responsibility of the Committee to assist with the quality and content of communication devices such as website, newsletter, blog, and social media platforms.
The Diversity Committee is a standing committee of the Arkansas REALTORS® Association.
It is the Committee’s responsibility to implement Diversity/Fair Housing training at the state and local levels.
Mission Statement: To develop policy promoting equal opportunity in housing and diversity within the real estate industry. To identify the concerns and needs of minority members and to assist in the development of actions to address those concerns and needs.
The Finance Committee is a standing committee of the Arkansas REALTORS® Association.
The Committee is responsible for formulating and making recommendations concerning financial planning, investment management, budgeting and to oversee all of the Association’s finances and resources, so as to provide efficient and effective usage of all its assets.
The Governing Documents Committee is a standing committee of the Arkansas REALTORS® Association.
The committee must commit to the study of the Association Bylaws and Policy Manual so that they have the ability to recognize quickly a possible discrepancy or conflict.
The committee shall be given the list of all committee’s action items before they are presented to the Executive Committee for a recommendation of “do pass” or “do not pass” for verification there are no Bylaw or Policy Manual conflicts. In the case of a possible conflict, the committee will make the EC aware of the possibility so a decision can be made as to whether to have the committee revise the action item or whether the Bylaws/Policy Manual may need revision.
The Legislative Committee is a standing committee of the Arkansas REALTORS® Association.
With approval by the Board of Directors, the committee shall be responsible for setting policy for the Association’s position in all legislative matters, which may be brought forth by any local, county, state, or federal governing body.
The committee will make recommendations to the Executive Committee and the Board of Directors concerning legislative matters at all levels of government and maintain very close contact with all elected officials through regular visits, phone calls or written communication at all levels of state and federal government.
The Professional Development Committee is a standing committee of the Arkansas REALTORS® and is composed of members holding a NAR designation.
The Committee is charged with the responsibility of establishing policy, procedures, and operations of all organized state administered education to the members.
The committee will also seek all resources for programs, presenters, and applications which may enhance all educational offers the Association shall make available to the Association’s membership. It will maintain a roster of qualified instructors and will be responsible for all course content for all offerings except for those courses which are co-sponsored by the National Association of REALTORS®.
The Professional Standards Committee is a standing committee of the Arkansas REALTORS® Association and is composed of members of the Association who meet the recommended requirements of the President for professional standards representation.
The Committee is responsible for all matters relating to the REALTORS® Code of Ethics as adopted by the National Association of REALTORS® and directs the operation and maintenance of the Arkansas REALTORS® Association’s State-Wide Professional Standards Program.
The Public Relations Committee is a standing committee of the Arkansas REALTORS® Association composed of members of the Association.
The Committee is responsible for policy, promotion, and directing the administration of the Association’s awards and communication outreach programs, including Special Olympics Arkansas.
The Committee is also responsible for reviewing and recommending to the Board of Directors any image advertising campaign as determined to be beneficial to the members.
The REALTOR® Safety Committee is a standing committee of the Arkansas REALTORS® Association and is the central focal point of all subjects involving the legal protection of the REALTOR®.
The Committee will develop, compile, and consolidate Safety Best Practices and will monitor safety issues. They will communicate and deliver safety resources to our members on an ongoing and regular basis.
The Risk Reduction Committee is a standing committee of the Arkansas REALTORS® Association and is the central focal point of all subjects involving the legal protection of the REALTOR®.
The Committee must review, correct, and develop legal forms offered by the Arkansas REALTORS® Association. They will maintain an Advisory Panel to conduct preliminary review for proposed changes to the forms or review other business of the committee prior to the full committee meeting. They will make recommendations regarding the proposed change or business, along with the rationale, to the full committee.