Since the announcement on May 21, we’ve received questions and comments from a range of members and we encourage you all to continue giving us feedback through the Ask a Question link on the hub’s main page.
Feedback has been largely positive, with interest in understanding potential opportunities to strengthen service, representation, and support for REALTORS® moving forward.
Members have also asked why this exploration is happening, how the process will work, what opportunities they will have to participate, and how future decisions will be made.
Whether you’ve been a member for a few months, a few years, or a few decades, your feedback is important. If you have a question, chances are other members do as well.
Based on feedback we received since we updated the FAQs last week, three new questions have been added:
• Why is this happening now?
• Who from CREB® is taking part in the discussions with RAE?
• Operationally, how would a merger with RAE affect specific services and infrastructure?
As the announcement on May 21 said, RAE invited CREB® to discuss the possibility of a merger, and the CREB® Board of Directors decided it would be in members’ best interest to explore a merger’s potential to deliver greater value to members.
The discussions are in the beginning stages and we don’t yet know whether a merger would benefit members and, if so, what that would look like. That’s what the discussions with RAE are meant to explore.
No decisions have been made. If the discussions lead to a comprehensive merger proposal that would benefit CREB® members, the final decision of whether to merge or not would be made in around a year’s time by members of CREB® and RAE through votes at each organization.
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