Press Room

This communication is distributed to members to follow the requirement of communicating to members of proposed changes 30 days prior to the next Board of Directors meeting date (July 31, 2024). Also, note that proposed national bylaws changes, if passed, are approved and ratified by the National Association of REALTORS® (NAR) Board of Directors on November 11, 2024, to ensure that they do not conflict with NAR's bylaws (such proposed changes do not, and if approved, would go into effect immediately).   
 

RRC’s Presidential Advisory Group (PAG) on Governance after 11 months of diligent research and consultation with the membership, submits the following proposed amendments to the bylaws for the RRC Board of Directors' consideration. 

First, the PAG recommends the dissolution of the existing Leadership Development Committee (LDC) and the Regional Vice President (RVP) Selection Subcommittee. In their place, two new committees are to be established: the Leadership Development and Training Committee and the Credentialing Committee. The distinct scope of work for each committee will be delineated separately. The Credentialing Committee is proposed to inherit several key responsibilities of the current LDC, including the vetting and compilation of a list of qualified candidates for the Board of Directors, the First Vice President, and RVP positions. This committee will also be tasked with reviewing and establishing qualifications and eligibility criteria for these positions. The Leadership Development and Training Committee will focus on identifying, training, and developing future and current leaders within the organization. Additionally, this committee will be responsible for defining the essential skill sets and training requirements for leaders. While the bylaws currently do not explicitly outline the mission or purpose of the LDC, it is frequently referenced. The proposed changes to the bylaws will reflect the establishment of the new committees. 

Second, the PAG recommends the introduction of Section 5.3, which pertains to Nominations for the First Vice President, aligning with amendments to Section 4.4. The PAG advocates for the inclusion of all eligible candidates for office on the ballot, rather than limiting the selection to the two most eligible candidates. 

Lastly, the PAG proposes the addition of four new board members to be implemented through a phased approach over two years. In the first year, it’s recommended that two additional at-large members be appointed. In the second year, either two more at-large members or one at-large member along with the current RVP Chair to be added. 

These recommendations are put forth to enhance the governance structure and ensure robust leadership development within the organization. 

Section 4.4 Nomination 

Candidates for election as Board of Directors shall be vetted by the Leadership Development Credentialing Committee. The Leadership Development Credentialing Committee shall prepare a list, which consists of a minimum of two candidates for every at-large Board of Directors position available.  The Leadership Development Credentialing Committee shall present a list of candidates to present to the Board of Directors for review with a membership vote scheduled in the Spring of each year.  Candidate for election as outside Board of Director shall be nominated by the Leadership Development Credentialing Committee and approved by the Board of Directors. 

Section 5.3 Nomination 

Candidates for election as First Vice President shall be vetted by the Credentialing Committee. The Credentialing Committee shall prepare a list which consists of a minimum of two candidates for the position. The Credentialing Committee shall present the list to the Board of Directors for review with a membership vote scheduled in the Spring of each year. 

Section 4.2 Composition 

The Board of Directors shall consist of the Officers of the Council (President, President Elect, First Vice President, and Immediate Past President), four and no more than nine additional members at-large Board of Director. The composition of the nine additional Board of Directors members may consist of at-large directors, an one outside director, or the Chair of the RVP Committee. Board of Directors at large and the outside Board of Director These members shall not serve consecutive terms. The Council’s Chief Executive Officer serves as an ex-officio, non-voting member of the Board of Directors.   

 
If you have any questions about the proposed changes to the bylaws, please email crshelp@crs.com.