The National Association of Realtors is the largest trade group in the country. It also owns a tech company. A thus-far unprofitable one. NAR dedicates $50 of its $120 in annual dues to lobbying and political activities, most of it ($40) dedicated to its “Realtor Party” political advocacy arm. The trade group also dedicates a $35 assessment on top of dues to a consumer advertising campaign. A third of the remaining $70 will go to a single NAR program this year, Realtors Property Resource. Real estate data and technology company RPR is a wholly-owned, for-profit subsidiary of NAR. After the two programs noted above, RPR is by far the biggest program expense in the trade group’s budget. And unlike the other two programs, it’s about to get costlier. What does RPR do? RPR…
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