Auction glossary

What is National Real Estate Auction Committee?

National Real Estate Auction Committee — A national committee developed by the National Association of REALTOR®s in April, 1990 to provide education to members concerning real estate auctions, identify issues and monitor, review and analyze trends affecting the real estate auction industry. The Committee was sunset in November, 1999. All auction activities hosted by NAR now fall under the purview of the Auction Forum.

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