This is the third installment in a three-part series that explores the nation’s land, real estate and real estate companies.
As of March 2018, the National Lands Realty Companies Association (NLRCA) listed approximately 6,000 real estate, realty leasing, and property management companies.
The NLRCA is a not-for-profit association that represents over 12,000 companies and individuals in the real estate sector, including real estate agents, realtors, realtor brokers, realestate agents, property management, real-estate sales agents, appraisers, realist groups, real Estate Investment Trusts, and many more.
The list of the nation`s largest real estate organizations is below: • National Land Assurance Corporation (NLAAC), located in Salt Lake City, Utah • National Association of Realtors (NAR), headquartered in Philadelphia, Pennsylvania • National Associa- tion of Realty Investors (NAIRT), headquartered at the National Association for Realtri- tors in Nashville, Tennessee • National Council for Real Estate Investment and Regulation (NCREI), located at the University of Florida • National Realtor Association (NREA), headquartered and managing real estate brokerages • National REALTOR Association (NASA), based in New York City • National Real Estate Boards Association (NRSBA), based at the New York Stock Exchange • National Residential Mortgage Association (NRMA), headquartered with the Federal Home Loan Mortgage Corporation of America (FHMI), based out of Louisville, Kentucky • National Mortgage Bankers Association (NMBA), headquartered headquartered in Richmond, Virginia • National Trust Company, headquartered at The Colony in New Jersey • National Property Assurance Company, located in Washington, DC • National Wholesale Association of REALTORS, headquartered in Chicago, Illinois • National Zoning Commission, headquartered with The National Association and The National Realty Associ- tions.
The National Land Realty Companies Association also sponsors national land real- estate conferences, trade shows, and conventions.
NLAAC was founded in 1916 and has chapters in all 50 states.
The national real estate market is still recovering from the 2007-08 global financial crisis.
According to NLAAS data, the market is estimated to be $3.5 trillion, with $3 trillion of that $3 trn being residential, $1.9 trillion for commercial and industrial property, and $800 billion for commercial real estate.
According the NLRCa, a number of real estate real estate sectors are in the process of being re-classified, including residential, commercial, industrial, and commercial office.
The real estate industry has been hit hard by the recession, with sales of residential property down 25% and commercial property sales down 36%.
According to the NLRA, commercial real-tourism is projected to be the most important industry in the U.S. real estate-related economy for years to come.
For example, real properties for sale on the national real-ty marketplace are up almost 9% from a year ago, and they are up a whopping 75% over the last 10 years.
In 2018, NLAAA announced that it was increasing the maximum number of listings for real estate properties in the National Register of Historic Places from 250 to 600.
In 2019, the NLRLA announced that they are increasing the minimum size of a listing from 5,000 square feet to 10,000, which will help to decrease the amount of inventory that goes into the National Historic Preservation Register.
For more information, visit: http://www.nationalland.org/nationalland-realty/